English  |  正體中文  |  简体中文  |  Post-Print筆數 : 20 |  Items with full text/Total items : 90058/119991 (75%)
Visitors : 24072026      Online Users : 1670
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/75249

    Title: A prediction model for housing investment probability
    Authors: Chiou, Y.-S.;Chou, M.-L.;Chang, Chin-Oh
    Contributors: 地政系
    Keywords: Homebuyer's behavior;Housing investor;Probability prediction model
    Date: 2013-06
    Issue Date: 2015-05-21 16:49:05 (UTC+8)
    Abstract: This study investigates the government-conducted "Housing Demand Survey" from 2006Q4 to 2007Q3 to establish a binary logit model to analyze the housing attributes, search behaviors, and investors and owner-occupiers' personal characteristics for financial institutions prediction in determining house buyer motivation and reducing the loss incurred when payment is not advanced or is defaulted. The empirical results show that the locations, prices, sizes, and types of houses are the dominant factors affecting investment probability. Investors tend to select houses located downtown with high unit prices and small in size. They also tend to buy pre-sale, resold, and auction houses. The individual attributes of buyers, such as gender, age, occupation, and income, also play an important role in investment decisions. The proposed model has the highest prediction accuracy when the probability cutoff point is 0.7 and the investors' hit rate is 65.52% in contrast to the owneroccupiers' 84.51%, as indicated by the out-sample test. This study also determines that financial institutions incur the least loss with a cutoff point of 0.7 under different weights, when payment is not advanced or is defaulted.
    Relation: NTU Management Review, 23(2), 1-28
    Data Type: article
    DOI 連結: http://dx.doi.org/10.6226/NTURM2013.JUN.R10018
    DOI: 10.6226/NTURM2013.JUN.R10018
    Appears in Collections:[地政學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    1-28.pdf2484KbAdobe PDF534View/Open

    All items in 政大典藏 are protected by copyright, with all rights reserved.

    社群 sharing

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback