scholarly journals Estimating housing market value using regression models

2001 ◽  
2020 ◽  
Vol 12 (19) ◽  
pp. 8006
Author(s):  
Christianos Burlotos ◽  
Tracy L. Kijewski-Correa ◽  
Alexandros A. Taflanidis

Access to dignified housing represents a critical challenge for many low- and middle-income countries (LMICs). Technical and economic constraints frequently lead homeowners in these countries toward incrementally-constructed homes, which are often proven deadly when exposed to seismic or meteorological hazards. This paper offers a holistic analysis of the informal residential construction industry contextualized in Léogâne, Haiti, the effective epicenter of the 2010 Haiti earthquake, and offers an implementation framework geared towards integrating the housing delivery process to accommodate more resilient typologies. First, the concept of the housing ecosystem is introduced, and a thorough analysis of the technical, economic, and political factors that constrain this ecosystem in Haiti is presented. The defining elements of the resulting residential construction industry are then discussed: An informal blend of Design-Build and Master Builder methods of project delivery for incrementally-constructed (and largely masonry) permanent homes. The housing ecosystem is then redefined as a seven-step housing market value chain, and interventions to further strengthen and integrate this value chain are presented for each of the seven steps. Interventions are grounded in analogous contexts and refactored specifically for the Haitian case study scenario through extensive co-creation with stakeholders in Haiti. Particular focus is given to the Léogâne Community Building Fund, a concept designed to democratize housing finance for low to middle-income groups. When implemented in an integrated fashion, risks across this housing market value chain are effectively mitigated to sustainably deliver dignified housing through a market-based approach suitable for Haiti and extensible to other LMICs.


2019 ◽  
Vol 22 (5) ◽  
pp. 675-687
Author(s):  
Florence Nakazi ◽  
Immaculate Babirye ◽  
Eliud Birachi ◽  
Michael Adrogu Ugen

Unlike many other Sub-Saharan African countries, for many years Kenya had comparative advantages in the manufacturing of processed bean products. However, for new competitors intending to join the bean processing industry, little is known about marketing strategies for value added bean products. Using data from 90 retailers in the Nairobi and Kiambu counties in Kenya, a two-step econometric procedure-multivariate probit and Poisson regression models were applied to analyse retailers’ marketing strategy decisions. Findings show that information sources, cost of marketing, supply modalities, price of products, and quantities handled significantly influenced retailers’ marketing strategy choice. Surveyed retailers applied varying marketing strategies to market value added bean products. There is need for prospective retailers to choose an appropriate mix of strategies to penetrate the dynamic market with a number of value added bean products, and promote local consumption of value added bean products.


1992 ◽  
Vol 24 (3) ◽  
pp. 323-339 ◽  
Author(s):  
B A Badcock

Regression analysis is used to examine the interaction of a number of processes that are thought to be responsible for the geographical transfer of value within the built environment. These are derived from an account by Smith of the restructuring of urban space. The ‘transfer’ of value is imputed from the differential movement of house prices between 1970 and 1988 for geographical submarkets within the Adelaide Metropolitan Area. Although the interpretation of the regression models is complicated, the evidence for a tilting of the ‘value transfer’ gradient from an inner-outer bias, to an outer—inner bias, can be statistically inferred from the processes of restructuring that have redirected capital flows within the built environment of Australian cities such as Adelaide, Sydney, and Melbourne in the course of the last two decades. Thus the uneven capital formation that characterises urban restructuring and is ultimately capitalised into real changes in house prices is a significant source of the added wealth that is accumulated from homeownership. By this means it is possible to bridge the two ‘islands’ of theory: Smith's account of urban restructuring and Saunders's concern with the sources of wealth accumulation within the housing market.


2021 ◽  
Vol 14 (9) ◽  
pp. 424
Author(s):  
Hai Long ◽  
Xiaochen Lin ◽  
Yu Chen

Based on a database of 200 listed firms from the Growth Enterprise Market of China, this paper employs regression models to investigate the significance of IPO capital expenditure to firms’ operating performance. It suggests that a vast majority of pre-IPO money is spent on business development to promote operating performance in order to meet IPO requirements. After the IPO, most of the money is transferred to equity investments in order to increase the firms’ market value quickly, which leads to operating performance decline and deterioration.


Author(s):  
Hai (David) Guo ◽  
Howard A. Frank

The Florida electorate passed Amendment One on January 29th, 2008. The portability provision of this Amendment allows homestead owners to transfer the difference between assessed value and estimated market value of their current homestead property to their new property. Since passage, there has been limited and declining utilization of the portability provision. This paper explores whether the accrued tax savings due to the property assessment limit provide sufficient incentive for homesteaders to move by examining aggregated utilization of the portability provision among counties. Based on a panel regression using 67 counties from 2008 to 2012, our findings indicate the portability provision has had limited impact on Florida's depressed housing market and only a small number of well-educated and white homesteaders have availed themselves of this mechanism.


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