The Study of product Risk that Cause by Difference between Used-residential Housing Market and Foreclosed Housing Market - the Case of Taichung City
| Autor: | Hung-Chih Chung, 鍾宏志 |
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| Rok vydání: | 2017 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 105 Real estate has always been a steady investment for people in Taiwan, and it’s always the most important investment in their life. In the past, there are many papers about the evaluation models of the existing house and the feature difference of the auction house, however, the risk assessment of the auction house in the existing house market is relatively rare. So the study is to explore how to assess the risk of auction house in the existing house market. This paper is based on the hedonic price method, and then put 9855 items real price transaction information of Taichung City in 2014 in linear regression equation to get the standard house model. The deal price is dependent variable of equation; the others such as area, floor and ages of house are independent variables. The building types of empirical research are including all samples, apartments, buildings and house. The study evaluates product risk is based on the square of bidding price, and the results showed that the product risk of rezoning and early development zone compared to old downtown are more higher; Second, the product risk of buildings and house compared to apartments are more higher; Third, the product risk of auction house without court guarantee is more higher than house with court guarantee; Forth, the bidding times and risk of product has positive relation. These trends can be used as risk assessment for property buyers when they bidding, but with the family type, economic structure and lifestyle changes, buyers will change the preferences of location and types of buildings, so the product risk will be adjusted by time. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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