| Housing Project Hedonic Price Model Based on Principal Components Analysis |
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| 引用本文： | CHEN An-ming. Housing Project Hedonic Price Model Based on Principal Components Analysis[J]. 保鲜与加工, 2006, 0(6): 144-148 |
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| 作者姓名： | CHEN An-ming |
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| 作者单位： | College of Construction Management and Real Estate, Chongqing University, Chongqing 400030, China |
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| 摘 要： | Real estate hedonic price model is applied to determine the average sale unit price of newly built housing projeer. In order to solve the problems of the lack of sample and the high correlation of some of the housing characteristic factors with each other in this application, a housing project hedonic pricing model based on principal components analysis of housing characteristic factors has been established. Through a case, the author has analyzed the economical significance of the implicit prices. With the model, the average sale unit price of a newly built housing project can be determined by rule and line.
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| 关 键 词： | hedonic price model principal components analysis econometric model implicit price |
| 收稿时间： | 2006-01-20 |
| 修稿时间： | 2006-01-20 |
Housing Project Hedonic Price Model Based on Principal Components Analysis |
| |
| CHEN An-ming. Housing Project Hedonic Price Model Based on Principal Components Analysis[J]. Storage & Process, 2006, 0(6): 144-148 |
| |
| Authors: | CHEN An-ming |
| |
| Affiliation: | College of Construction Management and Real Estate, Chongqing University, Chongqing 400030, China |
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| Abstract: | Real estate hedonic price model is applied to determine the average sale unit price of newly built housing projeer. In order to solve the problems of the lack of sample and the high correlation of some of the housing characteristic factors with each other in this application, a housing project hedonic pricing model based on principal components analysis of housing characteristic factors has been established. Through a case, the author has analyzed the economical significance of the implicit prices. With the model, the average sale unit price of a newly built housing project can be determined by rule and line. |
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| Keywords: | hedonic price model principal components analysis econometric model implicit price |
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