Wenwen Zhou, Mengyao Chen, Yang Gao*, Ruilin Feng
CMES-Computer Modeling in Engineering & Sciences, Vol.131, No.3, pp. 1635-1652, 2022, DOI:10.32604/cmes.2022.018437
- 19 April 2022
Abstract To avoid the effects of systemic financial risks caused by extreme fluctuations in housing price, the Chinese government has been exploring the most effective policies for regulating the housing market. Measuring the effect of real estate regulation policies has been a challenge for present studies. This study innovatively employs big data technology to obtain Internet search data (ISD) and construct market concern index (MCI) of policy, and hedonic price theory to construct hedonic price index (HPI) based on building area, age, ring number, and other hedonic variables. Then, the impact of market concerns for restrictive… More >