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Housing Demand Attributes: Perception and Assessment for Prioritization

Author Affiliations

  • 1Department of Planning and Architecture, MANIT, Bhopal – 462003, MP, INDIA

Res. J. Engineering Sci., Volume 4, Issue (12), Pages 9-18, December,26 (2015)

Abstract

Housing attributes play an important role in housing demand models. These become more significant when housing attributes work as variables in a model. Aspirations of housing attributes are different for different households. A good estimation of these aspirations for housing attributes might be useful to develop a housing demand model. During last four decades, the housing attributes has been widely used to estimate the housing demand. More than hundred attributes were identified and categorized. The research reveals that there are obvious different priorities for housing attributes. The objective of the study is to identify and prioritize housing attributes. The ranking process is conducted on 13 selected domains. The method adopted for selection was based on expert opinions. The foremost contribution of the study is on improving the housing demand models based future research in selection of housing attributes and their prioritization

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