Winning the Fairphone: a collaborative model on the development of house (real estate) prices
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Kai 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.
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