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    Title: 不動產跨區購買之溢價分析
    The premium analysis on purchasing of real estate in cross areas
    Authors: 梁宏富
    Contributors: 陳奉瑤
    Chen, Fong Yao
    梁宏富
    Keywords: 搜尋成本
    資訊不對稱
    定錨行為
    溢價購買
    實價登錄
    跨區
    Date: 2014
    Issue Date: 2015-03-02 10:15:34 (UTC+8)
    Abstract: 受到資訊不對稱與定錨行為的影響,使市場均衡價格離散分布,一價理論所指情形難以存在,利用跨區購買者與在地購買者購買不動產之交易價格差異,可對資訊不對稱及定錨效果進行分析。觀察發現高雄地區不動產交易近年價量齊揚,市場消息與媒體皆歸咎於跨區購買,本研究爰以2013年第一季至2014年第一季,就改制前高雄市之11行政區剔除旗津區並納入鳳山區範圍內之跨區購買者,透過特徵價格的估計過程反映搜尋成本與定錨效果,並對實價登錄制度之成效提出評估分析。
    實證結果顯示,資訊不對稱影響跨區購買者較在地購買者支付更多的購買價格,溢價率平均為3.28%;而大樓住宅的溢價率高於透天住宅,導因大樓住宅的個別條件相對透天住宅複雜多元;另跨區購買者跨入快速發展地區或平緩發展地區,其溢價率僅有些微差異且FTG檢定無法拒絕虛無假設,意謂制度影響屬全面性的,不同市場區隔的搜尋成本若有差異應是資訊數量不足所造成;又高價格認知的跨區購買者受定錨效果影響,對透天住宅加價意願可能更高,此情形亦顯示實價登錄制度實施後定錨影響仍然存在。
    實價登錄制度公開市場價格資訊,實證結果發現跨區購買者溢價程度隨著制度進程逐季下降,且使跨行政區的在地購買者幾乎沒有溢價購買現象,此與相關文獻認為實價登錄實施前跨鄉鎮市區購買者有溢價購買之結論相較,制度轉變造成溢價購買情形的變化皆明確表明市場資訊不對稱情形獲得改善。制度雖有成效但仍有努力空間,後續政策應著力於提升價格資訊即時性與價格資訊以外之其他資訊的提供,並就不同建築型態特徵為登錄項目之差別建置,方能使不動產制度更臻完善及市場效率更為提升。
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    Description: 碩士
    國立政治大學
    地政學系碩士在職專班
    100923020
    103
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0100923020
    Data Type: thesis
    Appears in Collections:[地政學系] 學位論文

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