Abstract: This study aims to develop a new option pricing model within a two-phase real option framework to adjust underestimation due to depreciation in urban redevelopment projects (approximately 70% bias in a 10-year Urban Renewal ...

Abstract: An improved real option pricing model that incorporates the depreciation effect for two-stage redevelopment projects will be demonstrated to estimate the redevelopment project values in a wide range of scenarios. Based on ...

Abstract: As an important intercity commuting approach, the intercity metro line is expected to increase the housing choices of residents in core cities and then change the price difference between property markets in two connected ...

Abstract: The relationship between housing characteristics and residential property price is complex to illustrate. To have a better understanding of the housing-price structure, structural or spatial submarkets have been introduced ...

Abstract: The relationship between housing characteristics and residential property price is complex to illustrate. To have a better understanding of the housing-price structure, structural or spatial submarkets have been introduced ...

Abstract: Housing price becomes a popular topic among nearly most of the investors in major Chinese cities. Recently, the housing markets appears to have shown signs of overheating and nonstationary trends, attributable to the ...

Abstract: Housing price becomes a popular topic among nearly most of the investors in major Chinese cities. Recently, the housing markets appears to have shown signs of overheating and nonstationary trends, attributable to the ...