HETEROGENEITY AND CLUSTERING OF HOUSING DEMAND: CASE STUDY

Information
Title: HETEROGENEITY AND CLUSTERING OF HOUSING DEMAND: CASE STUDY
Issue: Vol. 4, No 1, 2011
Published date: 20-05-2011 (print) / 20-05-2011 (online)
Journal: Journal of International Studies
ISSN: 2071-8330, eISSN: 2306-3483
Authors: Michał Głuszak
Bartłomiej Marona
Keywords: housing demand, segmentation, correspondence analysis, cluster analysis
DOI: 10.14254/2071-8330.2011/4-1/9
DOAJ: https://doaj.org/article/bcaf42014e344190a61f5dcf7e757d89
Language: English
Pages: 89-97 (9)
JEL classification: R21
Website: https://www.jois.eu/?114,en_heterogeneity-and-clustering-of-housing-demand-case-study
File https://www.jois.eu/files/GluszakV4N1.pdf
Abstract

The paper discusses major approaches to housing demand segmentation. The aim of the article is to evaluate the relations between (i) sociodemographic and (ii) preference-based segmentation. Second part of the article discusses the results of two studies of housing demand conducted in Poland in recent years. We compare usefulness of two approaches in terms of residential investments analysis, and housing policy debate. Additionally, in the article author studies correspondence between preferences of potential house buyers and their socio-economical status.