A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Constructing a rental housing index and identifying market segmentation in the case of Beijing, China
Although the rental market is relatively small in China, rental housing is an integral part of the housing market as a whole and plays a vital role in reducing pressure from the owner-occupied housing sector. In general, knowledge about the functioning of the rental market and rental dynamics over space and time is relatively limited. The rent index is a useful indicator of the variation of rent and the rental housing market dynamics. Therefore, the primary aim of this paper is to construct a rental-housing index by employing the hedonic model approach. Clustering analysis will be used to identify different rental housing market segmentations. The case study is the rental housing market in Beijing, China, over the period 2016-2018. In summary, we can conclude that a more scientific approach to segmenting the housing market better accounts for the heterogeneity in the market than traditional administrative boundaries. ; QC 20220607
Constructing a rental housing index and identifying market segmentation in the case of Beijing, China
Although the rental market is relatively small in China, rental housing is an integral part of the housing market as a whole and plays a vital role in reducing pressure from the owner-occupied housing sector. In general, knowledge about the functioning of the rental market and rental dynamics over space and time is relatively limited. The rent index is a useful indicator of the variation of rent and the rental housing market dynamics. Therefore, the primary aim of this paper is to construct a rental-housing index by employing the hedonic model approach. Clustering analysis will be used to identify different rental housing market segmentations. The case study is the rental housing market in Beijing, China, over the period 2016-2018. In summary, we can conclude that a more scientific approach to segmenting the housing market better accounts for the heterogeneity in the market than traditional administrative boundaries. ; QC 20220607
Constructing a rental housing index and identifying market segmentation in the case of Beijing, China
Song, Zisheng (author) / Wilhelmsson, Mats (author) / Yang, Zan (author)
Paper
Electronic Resource
English
Constructing segmented rental housing indices : evidence from Beijing, China
| BASE | 2022
| British Library Conference Proceedings | 2010
Engineering Index Backfile | 1946
| Taylor & Francis Verlag | 2001