Analysis of factors influencing the price of real estate based on interpretative structural model

DOI

10.2991/ifmeita-17.2018.8How to use a DOI?

Keywords

residential prices; intricate relationships; hierarchical relationship; Interpretive Structure Model

Abstract

Housing is an indispensable material basis for people's lives and its prices also have an important influence on people's lives. Housing price is affected by many factors with intricate relationships. In this paper, the schematic diagram of structure model construction of influencing factors of the real estate housing price is drawn according to the theory of interpretative structural model (ISM). 50 real estate residential price factors were elected to build housing price factors binary relation on set and quantitative analysis matrix according to the status quo investigation and document analysis of the residential real estate prices. Interpretative structural model for residential real estate prices are constructed using standardized methods. Finally, according to the results of model housing price factors can be divided into seven levels and clear the importance of the relationship and hierarchy between the various factors. It provides a reference for the price of residential real estate management and regulation.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jingxin Gao
AU  - Hong Ren
AU  - Yongjie Du
PY  - 2018/02
DA  - 2018/02
TI  - Analysis of factors influencing the price of real estate based on interpretative structural model
BT  - Proceedings of the 2nd International Forum on Management, Education and Information Technology Application (IFMEITA 2017)
PB  - Atlantis Press
SP  - 43
EP  - 49
SN  - 2352-5398
UR  - https://doi.org/10.2991/ifmeita-17.2018.8
DO  - 10.2991/ifmeita-17.2018.8
ID  - Gao2018/02
ER  -