The content of this page is licensed under the Creative Commons Attribution 3.0 License.
Quick view of the model (open complete model with iMODELER):

present thumbnailKai Neumann (#1) has provided a description of the model with the iMODELER Presenter.

Description

This is a collaborative qualitative model on the development of prices for real estate (houses, apartments etc.).


While there is already a collaborative model on the development of stock markets ( https://www.know-why.net/collab?id=CzSkr0IaGNcHWA9aGfE0Y-A) I would like to gain more insights on house prices as well.

Background: while the population is shrinking we still see a boom in the construction of new houses. I thought that this was only because of low interests but experts told me a couple of demographic arguments I wasn't aware of.

Let us see how we can cover this topic. So, please join the modeling.



PS 1:

Maybe we need to quantify different cohorts of our society and run a simulation model on this, but that should come later and probably in a different model.

PS 2: 

Of course, I wouldn't be allowed to win the Fairphone ( https://www.know-why.net/question/CfsXb3NvriEsmSuhnnuxsSQ) but if this model should receive most views maybe those who contribute most to the discussion and/or the model might earn one.

1200 views

Add Your Comment:

Comments (4)

Kai Neumann

Kai Neumann replies Emma

well done, Emma!
Emma

Emma replies Kai Neumann

Hi Kai
Just tried a different approach without parallel factors - see if it still fits your mental model.
Best
E.
Kai Neumann

Kai Neumann replies Emma

Hmm, guess it could easily modelled parallel. Energy prices should become an exogenous factor, then, and a devaluation of houses with a lower energetic standard should be the consequence. But what about too luxury objects and their loss of value due to decreased demand?
Emma

Emma

Shouldn't there be a difference between affordable, smaller units for elders, and energetically optimized housings vs. those rather luxury objects that are currently built?
But how to integrate this?

Email notification

More models from Kai Neumann