Property Economics help

Job ID: 31285588

Budget: $30 – $250 NZD

I need assistance with university-level Property Economics with a focus on the New Zealand property market. Will need assistance on Friday 26 August from 3:00 pm - 4:30 pm New Zealand standard time. This is roughly 24 hours from when this project has been posted

I will need assistance for 1.5 hours. Please contact me if you think you can help. A very key topic is the DiPasquale-Wheaton (1992) 4Q Model and relating this to real estate


The topics include :
Basics Concepts on Elasticity of Demand, Calculation, and application of using price elasticity of demand
Cross price elasticity and income elasticity of demand - Apply the concept of elasticity in analyzing property market

Business Cycles & Real Estate Market System phases of the business cycle, resources used, linkages with housing sectors, and external trade activities

How economic indicators, e.g., real GDP, unemployment rate, consumer spending, interact with business cycles
Examine DiPasquale-Wheaton (1992) 4Q Model and apply the model to analyze the real estate market

How the property related activities contribute to the macroeconomy through multiplier effects

Property Price Index - property price indices, including hedonic price index; repeat-sales price index and sale price appraisal ratio (SPAR) index

The five channels through which the property sector affects the economy

Purposes / uses of constructing Property Price Index - why “average” & “median” are misleading in measuring price changes over time.