學術產出-Periodical Articles

Article View/Open

Publication Export

Google ScholarTM

政大圖書館

Citation Infomation

  • No doi shows Citation Infomation
題名 Hedonic and GMM estimates of the relationship between house prices and rents in Taiwan
作者 Wang, Chieh-Hsuan;Chung, Chung C.-P.;Hwang, J.-T.
王緁妶
貢獻者 經濟系
日期 2012-08
上傳時間 17-Apr-2015 14:02:31 (UTC+8)
摘要 Empirical results in this study demonstrate that house prices have limited influence over rents in Taiwan, In fact, the impact of house prices on rents is not as apparent as of other factors like the floor (high or low), area, and the interaction of multiple factors such as house attributes like traffic accessibility. This means that the correlation between house prices and rents is not as direct and close as theories or experience would suggest. The findings also imply that a direct causal relationship does not exist between rents and house prices. Apart from reflecting the phenomenon of the price disconnect, the difference between owner-occupied dwellings market and rental market could have also resulted from various factors such as affordability. relevant government policies, and the traditional association of land ownership with wealth. As a result, demographics of house renters have been separated from those of house owners. meaning that households make their tenure choices differently: those who remain in the rental market over the long run are usually the disadvantaged minorities, who can resolve their needs for shelter only through house rentals.
關聯 Economics Bulletin, 32(3), 2231-2245
資料類型 article
dc.contributor 經濟系
dc.creator (作者) Wang, Chieh-Hsuan;Chung, Chung C.-P.;Hwang, J.-T.
dc.creator (作者) 王緁妶zh_TW
dc.date (日期) 2012-08
dc.date.accessioned 17-Apr-2015 14:02:31 (UTC+8)-
dc.date.available 17-Apr-2015 14:02:31 (UTC+8)-
dc.date.issued (上傳時間) 17-Apr-2015 14:02:31 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/74666-
dc.description.abstract (摘要) Empirical results in this study demonstrate that house prices have limited influence over rents in Taiwan, In fact, the impact of house prices on rents is not as apparent as of other factors like the floor (high or low), area, and the interaction of multiple factors such as house attributes like traffic accessibility. This means that the correlation between house prices and rents is not as direct and close as theories or experience would suggest. The findings also imply that a direct causal relationship does not exist between rents and house prices. Apart from reflecting the phenomenon of the price disconnect, the difference between owner-occupied dwellings market and rental market could have also resulted from various factors such as affordability. relevant government policies, and the traditional association of land ownership with wealth. As a result, demographics of house renters have been separated from those of house owners. meaning that households make their tenure choices differently: those who remain in the rental market over the long run are usually the disadvantaged minorities, who can resolve their needs for shelter only through house rentals.
dc.format.extent 207893 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Economics Bulletin, 32(3), 2231-2245
dc.title (題名) Hedonic and GMM estimates of the relationship between house prices and rents in Taiwan
dc.type (資料類型) articleen