Preços hedônicos no mercado imobiliário comercial de São Paulo: a abordagem da modelagem multinível com classificação cruzada
DOI:
https://doi.org/10.1590/S0101-41612011000400005Keywords:
office rental prices, hedonic prices, cross-classified multilevel models (HCM2), hierarchical linear models (HLM)Abstract
Hedonic pricing models often don't take into account the cross-classified hierarchical nature of the office rental markets. This paper employs a cross-classified multilevel model (HCM2) to examine the impact that office characteristics, district and commercial zones have on rental prices in São Paulo. Using a sample of 277 properties from 15 districts cross-classified with 10 commercial zones, multilevel representativeness is found for the effects of the properties', districts' and zones' characteristics, considering the differentiation of mean prices in 2008.
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Copyright (c) 2011 Luiz Paulo Lopes Fávero
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Atualizado em 14/08/2025