دورية أكاديمية
The evolution of choice set formation in dwelling and location with rising prices: A decadal panel analysis in the Greater Toronto Area
| العنوان: | The evolution of choice set formation in dwelling and location with rising prices: A decadal panel analysis in the Greater Toronto Area |
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| المؤلفون: | Jason Hawkins, Khandker Nurul Habib |
| المصدر: | Journal of Transport and Land Use, Vol 14, Iss 1 (2021) |
| بيانات النشر: | University of Minnesota, 2021. |
| سنة النشر: | 2021 |
| المجموعة: | LCC:Transportation engineering LCC:Transportation and communications |
| مصطلحات موضوعية: | Transportation engineering, TA1001-1280, Transportation and communications, HE1-9990 |
| الوصف: | Home location choice is based on both the characteristics of the dwelling (e.g., size, style, number of bedrooms) and the location (e.g., proximity to work, quality of schools, accessibility). Recent years have seen a steep increase in the price of housing in many major cities. In this research, we examine how these price increases are affecting the types of dwelling and locations considered by households. A large sample of real estate listings from 2006 and 2016 from the Greater Toronto Area is used to develop the empirical models. Two recently developed discrete choice models are used in the study: a nested logit model with latent class feedback (LCF) and a semi-compensatory independent availability logit (SCIAL) model. A method of alternative aggregation is proposed to overcome the computational hurdle that often impedes the estimation of choice set models. We find a significant increase in the probability of larger households considering townhouses and apartments over detached single-family dwellings between 2006 and 2016. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | English |
| تدمد: | 1938-7849 |
| Relation: | http://www.jtlu.org/index.php/jtlu/article/view/1854; https://doaj.org/toc/1938-7849 |
| DOI: | 10.5198/jtlu.2021.1854 |
| URL الوصول: | https://doaj.org/article/aaf3bdbe88cf46ef84d177c08da21e3e |
| رقم الأكسشن: | edsdoj.f3bdbe88cf46ef84d177c08da21e3e |
| قاعدة البيانات: | Directory of Open Access Journals |
Full Text Finder | تدمد: | 19387849 |
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| DOI: | 10.5198/jtlu.2021.1854 |