@article{ART002031380},
author={배수헌 and Dongjoon Jeong},
title={A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2015},
volume={25},
number={3},
pages={143-156}
TY - JOUR
AU - 배수헌
AU - Dongjoon Jeong
TI - A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -
JO - Korea Real Estate Review
PY - 2015
VL - 25
IS - 3
PB - korea real estate research institute
SP - 143
EP - 156
SN - 2092-5395
AB - This study conducts an empirical analysis of variables that affect the decision of bid prices for apartments through Hedonic price models. Other studies restrictedly compare Seoul and provincial cities and they showed a weak connection of explanatory variables between the areas.
The objective of this study is to analyze which explanatory variables affect bid prices for apartments in adjoining cities of the province. Based on the results of analysis using the same explanatory variables that may affect apartment pricing, 10 variables in each city were found to have an effect. Of these, 8 out of each of the 10 explanatory variables were identical for both cities. This study shows that the number of parking lots and urban/non-urban most affect the auction price for apartments. As Seoul differs from provincial cities in every aspect, few explanatory variables affect the auction bid prices for apartments when conducting a comparison between the two. On the other hand, in adjacent provincial cities, there are many explanatory variables that have the same effect. The adjacent provincial cities contrary to Seoul show many explanatory variables that have the same effect because of similar environments.
KW - hedonic price models;auction prices;explanatory variables
DO -
UR -
ER -
배수헌 and Dongjoon Jeong. (2015). A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -. Korea Real Estate Review, 25(3), 143-156.
배수헌 and Dongjoon Jeong. 2015, "A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -", Korea Real Estate Review, vol.25, no.3 pp.143-156.
배수헌, Dongjoon Jeong "A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -" Korea Real Estate Review 25.3 pp.143-156 (2015) : 143.
배수헌, Dongjoon Jeong. A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -. 2015; 25(3), 143-156.
배수헌 and Dongjoon Jeong. "A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -" Korea Real Estate Review 25, no.3 (2015) : 143-156.
배수헌; Dongjoon Jeong. A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -. Korea Real Estate Review, 25(3), 143-156.
배수헌; Dongjoon Jeong. A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -. Korea Real Estate Review. 2015; 25(3) 143-156.
배수헌, Dongjoon Jeong. A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -. 2015; 25(3), 143-156.
배수헌 and Dongjoon Jeong. "A Study on the Determinants of Auction Price for Apartments- To Busan and Ulsan Metropolitan City Focused on -" Korea Real Estate Review 25, no.3 (2015) : 143-156.
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