Utilize este identificador para referenciar este registo:
|Título:||The housing market in the district of Leiria: a hedonic approach|
|Data de Defesa:||17-Jul-2012|
|Resumo:||The real estate housing valuation is, even today, highly subjective. The sales
comparison approach, which is based on the determination of housing value suported on
sales price of similar housing in a particular market area, remains the most widely used
method. Given this situation, the hedonic model should be seen as a solution to improve
the quality of assessments, as it determines the price of housing according to the
observable values of their different atributes.
This dissertation aims to develop a hedonic model for the housing market in the district
of Leiria reported to 2010, in order to verify the characteristics of a house that most
influence its price. It is proposed a hedonic model of house prices according to the
characteristics of a housing listed by Angli and Gencay (1996), Goodman and
Thibodaeu (1997), Maurer, Pitzer and Sebastian (2004), Morancho (2003), Ozzane and
Malpezzi (1985), Pozo (2009), Rodrigues (2008), Selim (2008) and Wen, Jia and
Guo (2005). The cubic functional form is used to proceed with the empirical study.
The results indicate that the price of a house is strongly influenced by some location
variables, neighbourhood variables and structural variables. Some of these variables
have a positive effect on the housing price, such as the location of housing in the county
of Óbidos and the number of bedrooms of the housing, specifically housing with four
or five bedrooms. Other variables have a negative effect on price, such as usage status of a house, namely used housing and the location of housing in the counties of Marinha Grande and Leiria.|
Dissertação de Mestrado em Finanças Empresariais apresentada à ESTG - Escola Superior de Tecnologia e Gestão do IPL - Instituto Politécnico de Leiria.
|Aparece nas colecções:||Mestrado em Finanças Empresariais|
Ficheiros deste registo:
|dissertação C. Carreira.pdf||859,36 kB||Adobe PDF||Ver/Abrir|
Todos os registos no repositório estão protegidos por leis de copyright, com todos os direitos reservados.