Causes analysis of unsold new housing stock by causal loop diagram
- Authors
- Kwoun, Min-Ji; Lee, Sang-Hyo; Kim, Ju-Hyung; Kim, Jae-Jun
- Issue Date
- Jun-2011
- Publisher
- ISARC
- Keywords
- Causal loop diagram (CLD); Housing market; System dynamics; Unsold new housing stock
- Citation
- Proceedings of the 28th International Symposium on Automation and Robotics in Construction, ISARC 2011, pp.1499 - 1500
- Indexed
- SCOPUS
- Journal Title
- Proceedings of the 28th International Symposium on Automation and Robotics in Construction, ISARC 2011
- Start Page
- 1499
- End Page
- 1500
- URI
- https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/168258
- Abstract
- The unsold new housing stock is an important phenomenon that affects the financial status of construction companies in the housing market. It gets impacts from various variables constituting the housing market. This study identified the causes of 'unsold new housing stock' by analyzing the correlation between unsold new housing stock and the supply/demand in housing market. The study used system dynamics for the analysis.
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