MODELLING OF SPATIO-TEMPORAL DIFFUSION PROCESSES IN THE REALESTATE MARKET FOR DYNAMIC COST ADJUSTMENT WITHIN THEFRAMEWORK OF THE COMPARATIVE APPROACH
Анотація
This article investigates the limitations of static real estate valuation models, particularly the traditional comparative approach, in highly volatile markets.It substantiates the need for a transition from traditional hedonic approaches to spatio-temporal modeling, which allows for an adequate representation of price diffusion processes.
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