The Effect of Price Anchoring on the Housing Market Based on Studies of Local Markets in Poland
The article attempts to explain market levels of housing prices by supplementing the set of typical objective explanatory variables with variables of behavioral background. The proposed explanatory variables reflect the anchoring effect of prices, understood as the acceptance by market participants...
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| Format: | Article |
| Language: | English |
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Sciendo
2023-09-01
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| Series: | Real Estate Management and Valuation |
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| Online Access: | https://doi.org/10.2478/remav-2023-0020 |