构建分段租赁住房指数:来自北京的证据

IF 1.1 Q4 MANAGEMENT
Zisheng Song, Mats Wilhelmsson, Zan Yang
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引用次数: 2

摘要

目的本文旨在构建租赁住房指数,并确定市场细分,以制定更有效的物业管理策略。设计/方法/方法采用特征模型构建租金指数。使用k-means++和REDCAP(具有动态约束聚集聚类和划分的区域化)方法,作者进行了聚类分析,并确定了不同的市场细分。该实证研究基于2016年至2018年中国北京80212笔实际租赁交易的数据库。房地产租赁市场细分可能跨越行政边界分布。适当划分的指数可以更好地说明租赁住房的异质性和空间连续性,对有效的物业管理至关重要。研究局限性/含义住宅租金不仅可能因空间而异,还可能与房价相互影响。值得研究的是,未来租赁市场如何与业主自住行业共同运作。实际意义住宅租赁指数对于决策者评估住房政策和物业管理者在租赁市场实施竞争战略具有重要意义。它们的构建在很大程度上取决于对市场细分的分析,即住房空间异质性和连续性之间的权衡。独创性/价值本文填补了关于分段租金指数构建的知识空白,尤其是在中国。空间约束聚类方法(REDCAP)最初也被引入来识别区域化市场细分,因为它具有优越的性能。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Constructing segmented rental housing indices: evidence from Beijing, China
PurposeThis paper aims to construct rental housing indices and identify market segmentation for more effective property-management strategies.Design/methodology/approachThe hedonic model was employed to construct the rental indices. Using the k-means++ and REDCAP (Regionalisation with Dynamically Constrained Agglomerative Clustering and Partitioning) approaches, the authors conducted clustering analysis and identified different market segmentation. The empirical study relied on the database of 80,212 actual rental transactions in Beijing, China, spanning 2016–2018.FindingsRental housing market segmentation may distribute across administrative boundaries. Properly segmented indices could provide a better account for the heterogeneity and spatial continuity of rental housing and as well be crucial for effective property management.Research limitations/implicationsResidential rent might not only vary over space but also interplays with housing price. It would be worth studying how the rental market functions together with the owner-occupied sector in the future.Practical implicationsResidential rental indices are of great importance for policymakers to be able to evaluate housing policies and for property managers to implement competitive strategies in the rental market. Their constructions largely depend on the analysis of market segmentation, a trade-off between housing spatial heterogeneity and continuity.Originality/valueThis paper fills the gap in knowledge concerning segmented rental indices construction, particularly in China. The spatial constrained clustering approach (REDCAP) was also initially introduced to identify regionalised market segmentation due to its superior performance.
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来源期刊
Property Management
Property Management MANAGEMENT-
CiteScore
2.70
自引率
20.00%
发文量
36
期刊介绍: Property Management publishes: ■Refereed papers on important current trends and reserach issues ■Digests of market reports and data ■In-depth analysis of a specific area ■Legal updates on judgments in landlord and tenant law ■Regular book and internet reviews providing an overview of the growing body of property market research
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