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- W4313331892 abstract "We analyzed to identify the determinants affecting the presale rate in the housing projects and verified whether there are differences in the determinants of that by regimes. We found that the effects of determinants, such as the ratio of the new apartments’ sales price to existing apartments’ prices, educational environment, the number of unsold houses, and the interest rate of a mortgage on the initial presale rate, could have been different depending on which regime the housing market belongs to. This suggests that the government in Korea and Asian countries should consider the differentiation in effects of the determinants depending on the regime when the government tries to make housing policies." @default.
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- W4313331892 date "2023-02-21" @default.
- W4313331892 modified "2023-09-30" @default.
- W4313331892 title "AN ANALYSIS OF THE INITIAL PRESALE RATE IN HOUSING PROJECTS USING A REGIME-SWITCHING MODEL" @default.
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- W4313331892 doi "https://doi.org/10.1142/s0217590823500078" @default.
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