DETERMINING HOUSING PRICES USING THE SEMIPARAMETRIC ESTIMATION WITHIN THE HEDONIC PRICE MODEL FRAMEWORK: CASE STUDY OF ISTANBUL HOUSING MARKET EXAMPLE

Basit Öğe Kaydı
dc.contributor.authorAcar, Tuğçe
dc.date.accessioned2024-03-13T09:49:58Z
dc.date.available2024-03-13T09:49:58Z
dc.date.issued2020
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractDifferent properties of the houses have given heterogeneous structure to the housing markets. Therefore, the housing market can be analyzed with the hedonic price model In this direction, this study is important in terms of revealing the effects of different characteristics of houses on housing prices to follow the price changes in the housing market. The study aims to examine the effect of flat-type residential properties in İstanbul on the price within the scope of hedonic price model. For this purpose, estimation was made with semiparametric regression models for 974 flat-house, housing prices and factors affecting prices. In as much as the semiparametric estimation is superior to parametric estimation in that it doesn’t force the data set to certain assumptions and takes into account the variable structure that has a nonlinear effect on the dependent variable. According to the findings, the properties that affect the housing prices (apartment) for sale are determined as the parking variable, credit eligibility variable, and elevator variable respectively. As for the nonparametric variables, it was concluded that the square meter variable had a reducing effect on house prices after 400 m2, and the age of housing had a positive effect on prices after 15 years.en_US
dc.identifier.doi10.30784/epfad.747705
dc.identifier.endpage575en_US
dc.identifier.issn2587-151X
dc.identifier.issue3en_US
dc.identifier.startpage561en_US
dc.identifier.trdizinid474064en_US
dc.identifier.urihttps://doi.org/10.30784/epfad.747705
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/474064
dc.identifier.urihttps://hdl.handle.net/20.500.12662/2360
dc.identifier.volume5en_US
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.relation.ispartofEkonomi, Politika & Finans Araştırmaları Dergisien_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleDETERMINING HOUSING PRICES USING THE SEMIPARAMETRIC ESTIMATION WITHIN THE HEDONIC PRICE MODEL FRAMEWORK: CASE STUDY OF ISTANBUL HOUSING MARKET EXAMPLEen_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

TR-Dizin İndeksli Yayınlar Koleksiyonu