Review of Real Estate Valuation Research Based on Spatial Econometric Model
This paper summarizes the origin of spatial econometric model in real estate value assessment,foreign theoretical and empirical research on spatial econometric model and domestic research status on econometric measurement model by reviewing domestic and foreign literature on spatial econometric model in real estate value assessment.Through literature review,it shows that the foreign real estate market starts early and its theory is relatively perfect.But our research on the spatial econometric model has been more appropriate for domestic market,and some results have been made in the application of spatial econometric model.Finally,it is pointed out that there are still some problems in our empirical research.And there may be room for improvement in the future.
real estate value assessmentspatial econometric modelliterature review