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@article{ART001654715},
author={김황중 and Choi, Hyung Suk},
title={The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2012},
volume={22},
number={1},
pages={109-125},
doi={}

TY - JOUR
AU - 김황중
AU - Choi, Hyung Suk
TI - The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices
JO - Korea Real Estate Review
PY - 2012
VL - 22
IS - 1
PB - korea real estate research institute
SP - 109
EP - 125
SN - 2092-5395
AB - The purpose of this study was to assess the economic values of the scenery for a given property. This was done by distinguishing the types of scenery into: mountain range, riverside, park, ocean and cityscape views. In order to evaluate the degree of the values related to a property’s scenery in relation to total housing prices, the Choice Experiment was used in measuring the additional WTP (willingness to pay) according to the specified views and the ratio of view visibility. The experiment yielded the following set of results. Firstly, it was reported that the additional WTP on mountain range and ocean views were estimated to be lower than that of river and aforementioned terrain views. Secondly, it was analyzed that the additional WTP was reduced at 50% of the ratio of view screening, and the additional WTP at 80% of the raito of the view openness (the ratio of view screening, 20%), was relatively higher than at 100% of the ratio of it (the ratio of view screening, 0%).
KW - values of views;willingness to pay(WTP);types of views;ratio of view screening;choice experiment(CE)
DO -
ER -

김황중 and Choi, Hyung Suk. (2012). The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices. Korea Real Estate Review, 22(1), 109-125.

김황중 and Choi, Hyung Suk. 2012, "The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices", Korea Real Estate Review, vol.22, no.1 pp.109-125. Available from: doi:

김황중, Choi, Hyung Suk "The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices" Korea Real Estate Review 22.1 pp.109-125 (2012) : 109.

김황중, Choi, Hyung Suk. The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices. 2012; 22(1), 109-125. Available from: doi:

김황중 and Choi, Hyung Suk. "The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices" Korea Real Estate Review 22, no.1 (2012) : 109-125.doi:

김황중; Choi, Hyung Suk. The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices. Korea Real Estate Review, 22(1), 109-125. doi:

김황중; Choi, Hyung Suk. The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices. Korea Real Estate Review. 2012; 22(1) 109-125. doi:

김황중, Choi, Hyung Suk. The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices. 2012; 22(1), 109-125. Available from: doi:

김황중 and Choi, Hyung Suk. "The Effect of the Type of Landscape View and the Ratio of View Screening on Housing Prices" Korea Real Estate Review 22, no.1 (2012) : 109-125.doi: