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Paper eres2006_218:
INCOME ALLOCATION-BASED HOUSING DEMAND MODEL: A CASE STUDY OF TAINAN CITY

id eres2006_218
authors Hsia, Hao-Ching; Kan-Chung Huang; Kuang-Yih Yeh
year 2006
title INCOME ALLOCATION-BASED HOUSING DEMAND MODEL: A CASE STUDY OF TAINAN CITY
source Book of Abstracts: 13th Annual European Real Estate Society Conference in Weimar, Germany
summary Housing demand is a part of household income allocation. Household income allocation can be separated into three parts including general consumption (composite goods, services and leisure), housing consumption and saving. Therefore, income allocation has a strong effect on housing demand. The official “home-based trip data in the Tainan metropolis” and “household income and expenditure data in Tainan city” will be used to establish a model of households’ income allocation. The model will be a log-linear model and be constructed under the hypothesis of utility maximization. Furthermore, household total income will be replaced by housing consumption which was calculated from a previous model to analyze household housing demand. It will be more precise than existing models.
keywords housing demand; household income allocation; housing consumption
series ERES:conference
type normal paper
discussion No discussions. Post discussion ...
ratings
session 8-C
last changed 2008/11/01 09:47
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