1{2 "record_id": "69288e963b8055b19e0fd077000b14eb34270ae1",3 "eligible": true,4 "exclusion_reason": null,5 "study": {6 "title": "The effects of transaction hotspots and flipping hotspots on housing prices",7 "year": 2024,8 "doi": "10.3846/ijspm.2024.20899",9 "country": "Taiwan",10 "region_city": "Taipei City",11 "sample_start": 2012,12 "sample_end": 2021,13 "property_type": "unknown",14 "price_type": "transaction",15 "data_source": "Actual price registration housing transaction data, Taipei City, 2012Q3-2021Q4 (62,140 transactions); hotspots from Getis-Ord Gi* on 50x50 m grids",16 "document_type": "journal",17 "estimators": [18 "OLS",19 "spatial_lag",20 "spatial_error",21 "quantile"22 ],23 "spatial_method": "spatial lag / spatial error / spatial quantile regression with spatial lag term; administrative district dummies",24 "time_fe": true,25 "location_fe": true,26 "se_type": "unknown",27 "n_obs_total": 62140,28 "ai_methods": [],29 "notes": "Dependent variable = log of real housing price (Table 1 reports price in 1,000 NTD; constant ~16.1 suggests log of price in NTD). Statistics printed beside coefficients are t values (OLS, quantile) or z-statistics (spatial lag/error), not SEs. Stars: *** 1%, ** 5%, * 10%. Dwelling type not restricted (floor level and total storeys recorded -> mostly multi-storey apartment units). District dummies (ref Wanhua) and trading year x quarter dummies (ref 2021Q4) not extracted. Table 2/Table 3 duplicated in Appendix Tables A1/A2 (A1 prints OLS R2 0.852 vs 0.853 in Table 2)."30 },31 "models": [32 {33 "model_id": "T2-c1",34 "table": "2",35 "column": "1",36 "page": 8,37 "dep_var": "log of real housing price",38 "dep_transform": "log",39 "estimator": "OLS",40 "n_obs": 62140,41 "r2": 0.853,42 "se_or_t_in_parentheses": "t",43 "sample_subset": "OLS model; district and trading year x quarter dummies included. Statistic printed = t value (OLS) or z-statistic (spatial models)"44 },45 {46 "model_id": "T2-c2",47 "table": "2",48 "column": "2",49 "page": 8,50 "dep_var": "log of real housing price",51 "dep_transform": "log",52 "estimator": "spatial_lag",53 "n_obs": 62140,54 "r2": 0.859,55 "se_or_t_in_parentheses": "t",56 "sample_subset": "Spatial lag model (rho=0.196); district and trading year x quarter dummies included. Statistic printed = t value (OLS) or z-statistic (spatial models)"57 },58 {59 "model_id": "T2-c3",60 "table": "2",61 "column": "3",62 "page": 8,63 "dep_var": "log of real housing price",64 "dep_transform": "log",65 "estimator": "spatial_error",66 "n_obs": 62140,67 "r2": 0.855,68 "se_or_t_in_parentheses": "t",69 "sample_subset": "Spatial error model (lambda=0.056); district and trading year x quarter dummies included. Statistic printed = t value (OLS) or z-statistic (spatial models)"70 },71 {72 "model_id": "T3-c1",73 "table": "3",74 "column": "1",75 "page": 9,76 "dep_var": "log of real housing price",77 "dep_transform": "log",78 "estimator": "quantile",79 "n_obs": 62140,80 "r2": 0.577,81 "se_or_t_in_parentheses": "t",82 "sample_subset": "Spatial quantile regression at quantile 0.1 (with spatial lag term); district and trading year x quarter dummies included; pseudo R-square reported"83 },84 {85 "model_id": "T3-c2",86 "table": "3",87 "column": "2",88 "page": 9,89 "dep_var": "log of real housing price",90 "dep_transform": "log",91 "estimator": "quantile",92 "n_obs": 62140,93 "r2": 0.606,94 "se_or_t_in_parentheses": "t",95 "sample_subset": "Spatial quantile regression at quantile 0.25 (with spatial lag term); district and trading year x quarter dummies included; pseudo R-square reported"96 },97 {98 "model_id": "T3-c3",99 "table": "3",100 "column": "3",101 "page": 9,102 "dep_var": "log of real housing price",103 "dep_transform": "log",104 "estimator": "quantile",105 "n_obs": 62140,106 "r2": 0.641,107 "se_or_t_in_parentheses": "t",108 "sample_subset": "Spatial quantile regression at quantile 0.5 (with spatial lag term); district and trading year x quarter dummies included; pseudo R-square reported"109 },110 {111 "model_id": "T3-c4",112 "table": "3",113 "column": "4",114 "page": 9,115 "dep_var": "log of real housing price",116 "dep_transform": "log",117 "estimator": "quantile",118 "n_obs": 62140,119 "r2": 0.671,120 "se_or_t_in_parentheses": "t",121 "sample_subset": "Spatial quantile regression at quantile 0.75 (with spatial lag term); district and trading year x quarter dummies included; pseudo R-square reported"122 },123 {124 "model_id": "T3-c5",125 "table": "3",126 "column": "5",127 "page": 9,128 "dep_var": "log of real housing price",129 "dep_transform": "log",130 "estimator": "quantile",131 "n_obs": 62140,132 "r2": 0.693,133 "se_or_t_in_parentheses": "t",134 "sample_subset": "Spatial quantile regression at quantile 0.9 (with spatial lag term); district and trading year x quarter dummies included; pseudo R-square reported"135 }136 ],137 "coefficients": [138 {139 "model_id": "T2-c1",140 "var_name_printed": "Area",141 "taxonomy_id": "living_area",142 "x_transform": "level",143 "x_unit": "m2",144 "beta": 0.008,145 "se": null,146 "t": 315.66,147 "p": null,148 "p_stars": "***",149 "ci_lo": null,150 "ci_hi": null,151 "page": 8,152 "confidence": "high",153 "notes": "Building floor area in m2"154 },155 {156 "model_id": "T2-c1",157 "var_name_printed": "Floor",158 "taxonomy_id": "floor_level",159 "x_transform": "level",160 "x_unit": "count",161 "beta": -0.0004,162 "se": null,163 "t": -1.05,164 "p": null,165 "p_stars": "",166 "ci_lo": null,167 "ci_hi": null,168 "page": 8,169 "confidence": "high",170 "notes": "Trading floor (floor on which the unit is located)"171 },172 {173 "model_id": "T2-c1",174 "var_name_printed": "TStory",175 "taxonomy_id": "storeys",176 "x_transform": "level",177 "x_unit": "count",178 "beta": -0.0003,179 "se": null,180 "t": -1.01,181 "p": null,182 "p_stars": "",183 "ci_lo": null,184 "ci_hi": null,185 "page": 8,186 "confidence": "high",187 "notes": "Total number of storeys of the building"188 },189 {190 "model_id": "T2-c1",191 "var_name_printed": "Bathroom",192 "taxonomy_id": "bathrooms",193 "x_transform": "level",194 "x_unit": "count",195 "beta": 0.059,196 "se": null,197 "t": 24.31,198 "p": null,199 "p_stars": "***",200 "ci_lo": null,201 "ci_hi": null,202 "page": 8,203 "confidence": "high",204 "notes": "Number of bathrooms"205 },206 {207 "model_id": "T2-c1",208 "var_name_printed": "Age",209 "taxonomy_id": "age",210 "x_transform": "level",211 "x_unit": "years",212 "beta": -0.011,213 "se": null,214 "t": -118.36,215 "p": null,216 "p_stars": "***",217 "ci_lo": null,218 "ci_hi": null,219 "page": 8,220 "confidence": "high",221 "notes": "Dwelling age in years"222 },223 {224 "model_id": "T2-c1",225 "var_name_printed": "Dist. MRT",226 "taxonomy_id": "transit_distance",227 "x_transform": "level",228 "x_unit": "100 m",229 "beta": -0.011,230 "se": null,231 "t": -40.04,232 "p": null,233 "p_stars": "***",234 "ci_lo": null,235 "ci_hi": null,236 "page": 8,237 "confidence": "high",238 "notes": "Distance to nearest MRT station, unit = 100 m (Table 1)"239 },240 {241 "model_id": "T2-c1",242 "var_name_printed": "Dist. CC",243 "taxonomy_id": "cbd_distance",244 "x_transform": "level",245 "x_unit": "100 m",246 "beta": -0.004,247 "se": null,248 "t": -32.22,249 "p": null,250 "p_stars": "***",251 "ci_lo": null,252 "ci_hi": null,253 "page": 8,254 "confidence": "high",255 "notes": "Distance to city center, unit = 100 m (Table 1)"256 },257 {258 "model_id": "T2-c1",259 "var_name_printed": "THA",260 "taxonomy_id": "liquidity",261 "x_transform": "binary",262 "x_unit": "binary",263 "beta": -0.102,264 "se": null,265 "t": -34.74,266 "p": null,267 "p_stars": "***",268 "ci_lo": null,269 "ci_hi": null,270 "page": 8,271 "confidence": "high",272 "notes": "Dummy = 1 if located in a housing-transaction hotspot area (Getis-Ord Gi*)"273 },274 {275 "model_id": "T2-c1",276 "var_name_printed": "FHA",277 "taxonomy_id": "other",278 "x_transform": "binary",279 "x_unit": "binary",280 "beta": 0.014,281 "se": null,282 "t": 1.08,283 "p": null,284 "p_stars": "",285 "ci_lo": null,286 "ci_hi": null,287 "page": 8,288 "confidence": "high",289 "notes": "Dummy = 1 if located in a short-term flipping hotspot area (resales within 2 years); printed name FHA"290 },291 {292 "model_id": "T2-c1",293 "var_name_printed": "THA × FHA",294 "taxonomy_id": "other",295 "x_transform": "other",296 "x_unit": "binary",297 "beta": 0.042,298 "se": null,299 "t": 1.68,300 "p": null,301 "p_stars": "*",302 "ci_lo": null,303 "ci_hi": null,304 "page": 8,305 "confidence": "high",306 "notes": "Interaction of transaction-hotspot and flipping-hotspot dummies"307 },308 {309 "model_id": "T2-c2",310 "var_name_printed": "Area",311 "taxonomy_id": "living_area",312 "x_transform": "level",313 "x_unit": "m2",314 "beta": 0.008,315 "se": null,316 "t": 316.6,317 "p": null,318 "p_stars": "***",319 "ci_lo": null,320 "ci_hi": null,321 "page": 8,322 "confidence": "high",323 "notes": "Building floor area in m2; z-statistic recorded in t field"324 },325 {326 "model_id": "T2-c2",327 "var_name_printed": "Floor",328 "taxonomy_id": "floor_level",329 "x_transform": "level",330 "x_unit": "count",331 "beta": -0.0001,332 "se": null,333 "t": -0.37,334 "p": null,335 "p_stars": "",336 "ci_lo": null,337 "ci_hi": null,338 "page": 8,339 "confidence": "high",340 "notes": "Trading floor (floor on which the unit is located); z-statistic recorded in t field"341 },342 {343 "model_id": "T2-c2",344 "var_name_printed": "TStory",345 "taxonomy_id": "storeys",346 "x_transform": "level",347 "x_unit": "count",348 "beta": -0.0004,349 "se": null,350 "t": -1.33,351 "p": null,352 "p_stars": "",353 "ci_lo": null,354 "ci_hi": null,355 "page": 8,356 "confidence": "high",357 "notes": "Total number of storeys of the building; z-statistic recorded in t field"358 },359 {360 "model_id": "T2-c2",361 "var_name_printed": "Bathroom",362 "taxonomy_id": "bathrooms",363 "x_transform": "level",364 "x_unit": "count",365 "beta": 0.06,366 "se": null,367 "t": 25.31,368 "p": null,369 "p_stars": "***",370 "ci_lo": null,371 "ci_hi": null,372 "page": 8,373 "confidence": "high",374 "notes": "Number of bathrooms; z-statistic recorded in t field"375 },376 {377 "model_id": "T2-c2",378 "var_name_printed": "Age",379 "taxonomy_id": "age",380 "x_transform": "level",381 "x_unit": "years",382 "beta": -0.011,383 "se": null,384 "t": -121.44,385 "p": null,386 "p_stars": "***",387 "ci_lo": null,388 "ci_hi": null,389 "page": 8,390 "confidence": "high",391 "notes": "Dwelling age in years; z-statistic recorded in t field"392 },393 {394 "model_id": "T2-c2",395 "var_name_printed": "Dist. MRT",396 "taxonomy_id": "transit_distance",397 "x_transform": "level",398 "x_unit": "100 m",399 "beta": -0.011,400 "se": null,401 "t": -39.9,402 "p": null,403 "p_stars": "***",404 "ci_lo": null,405 "ci_hi": null,406 "page": 8,407 "confidence": "high",408 "notes": "Distance to nearest MRT station, unit = 100 m (Table 1); z-statistic recorded in t field"409 },410 {411 "model_id": "T2-c2",412 "var_name_printed": "Dist. CC",413 "taxonomy_id": "cbd_distance",414 "x_transform": "level",415 "x_unit": "100 m",416 "beta": -0.003,417 "se": null,418 "t": -27.49,419 "p": null,420 "p_stars": "***",421 "ci_lo": null,422 "ci_hi": null,423 "page": 8,424 "confidence": "high",425 "notes": "Distance to city center, unit = 100 m (Table 1); z-statistic recorded in t field"426 },427 {428 "model_id": "T2-c2",429 "var_name_printed": "THA",430 "taxonomy_id": "liquidity",431 "x_transform": "binary",432 "x_unit": "binary",433 "beta": -0.099,434 "se": null,435 "t": -34.56,436 "p": null,437 "p_stars": "***",438 "ci_lo": null,439 "ci_hi": null,440 "page": 8,441 "confidence": "high",442 "notes": "Dummy = 1 if located in a housing-transaction hotspot area (Getis-Ord Gi*); z-statistic recorded in t field"443 },444 {445 "model_id": "T2-c2",446 "var_name_printed": "FHA",447 "taxonomy_id": "other",448 "x_transform": "binary",449 "x_unit": "binary",450 "beta": 0.022,451 "se": null,452 "t": 1.7,453 "p": null,454 "p_stars": "*",455 "ci_lo": null,456 "ci_hi": null,457 "page": 8,458 "confidence": "high",459 "notes": "Dummy = 1 if located in a short-term flipping hotspot area (resales within 2 years); printed name FHA; z-statistic recorded in t field"460 },461 {462 "model_id": "T2-c2",463 "var_name_printed": "THA × FHA",464 "taxonomy_id": "other",465 "x_transform": "other",466 "x_unit": "binary",467 "beta": 0.05,468 "se": null,469 "t": 2.02,470 "p": null,471 "p_stars": "**",472 "ci_lo": null,473 "ci_hi": null,474 "page": 8,475 "confidence": "high",476 "notes": "Interaction of transaction-hotspot and flipping-hotspot dummies; z-statistic recorded in t field"477 },478 {479 "model_id": "T2-c3",480 "var_name_printed": "Area",481 "taxonomy_id": "living_area",482 "x_transform": "level",483 "x_unit": "m2",484 "beta": 0.007,485 "se": null,486 "t": 179.92,487 "p": null,488 "p_stars": "***",489 "ci_lo": null,490 "ci_hi": null,491 "page": 8,492 "confidence": "high",493 "notes": "Building floor area in m2; z-statistic recorded in t field"494 },495 {496 "model_id": "T2-c3",497 "var_name_printed": "Floor",498 "taxonomy_id": "floor_level",499 "x_transform": "level",500 "x_unit": "count",501 "beta": -0.0008,502 "se": null,503 "t": -2.33,504 "p": null,505 "p_stars": "**",506 "ci_lo": null,507 "ci_hi": null,508 "page": 8,509 "confidence": "high",510 "notes": "Trading floor (floor on which the unit is located); z-statistic recorded in t field"511 },512 {513 "model_id": "T2-c3",514 "var_name_printed": "TStory",515 "taxonomy_id": "storeys",516 "x_transform": "level",517 "x_unit": "count",518 "beta": -0.0009,519 "se": null,520 "t": -2.69,521 "p": null,522 "p_stars": "***",523 "ci_lo": null,524 "ci_hi": null,525 "page": 8,526 "confidence": "high",527 "notes": "Total number of storeys of the building; z-statistic recorded in t field"528 },529 {530 "model_id": "T2-c3",531 "var_name_printed": "Bathroom",532 "taxonomy_id": "bathrooms",533 "x_transform": "level",534 "x_unit": "count",535 "beta": 0.061,536 "se": null,537 "t": 25.42,538 "p": null,539 "p_stars": "***",540 "ci_lo": null,541 "ci_hi": null,542 "page": 8,543 "confidence": "high",544 "notes": "Number of bathrooms; z-statistic recorded in t field"545 },546 {547 "model_id": "T2-c3",548 "var_name_printed": "Age",549 "taxonomy_id": "age",550 "x_transform": "level",551 "x_unit": "years",552 "beta": -0.011,553 "se": null,554 "t": -114.1,555 "p": null,556 "p_stars": "***",557 "ci_lo": null,558 "ci_hi": null,559 "page": 8,560 "confidence": "high",561 "notes": "Dwelling age in years; z-statistic recorded in t field"562 },563 {564 "model_id": "T2-c3",565 "var_name_printed": "Dist. MRT",566 "taxonomy_id": "transit_distance",567 "x_transform": "level",568 "x_unit": "100 m",569 "beta": -0.011,570 "se": null,571 "t": -37.84,572 "p": null,573 "p_stars": "***",574 "ci_lo": null,575 "ci_hi": null,576 "page": 8,577 "confidence": "high",578 "notes": "Distance to nearest MRT station, unit = 100 m (Table 1); z-statistic recorded in t field"579 },580 {581 "model_id": "T2-c3",582 "var_name_printed": "Dist. CC",583 "taxonomy_id": "cbd_distance",584 "x_transform": "level",585 "x_unit": "100 m",586 "beta": -0.003,587 "se": null,588 "t": -31.16,589 "p": null,590 "p_stars": "***",591 "ci_lo": null,592 "ci_hi": null,593 "page": 8,594 "confidence": "high",595 "notes": "Distance to city center, unit = 100 m (Table 1); z-statistic recorded in t field"596 },597 {598 "model_id": "T2-c3",599 "var_name_printed": "THA",600 "taxonomy_id": "liquidity",601 "x_transform": "binary",602 "x_unit": "binary",603 "beta": -0.101,604 "se": null,605 "t": -34.42,606 "p": null,607 "p_stars": "***",608 "ci_lo": null,609 "ci_hi": null,610 "page": 8,611 "confidence": "high",612 "notes": "Dummy = 1 if located in a housing-transaction hotspot area (Getis-Ord Gi*); z-statistic recorded in t field"613 },614 {615 "model_id": "T2-c3",616 "var_name_printed": "FHA",617 "taxonomy_id": "other",618 "x_transform": "binary",619 "x_unit": "binary",620 "beta": 0.02,621 "se": null,622 "t": 1.55,623 "p": null,624 "p_stars": "",625 "ci_lo": null,626 "ci_hi": null,627 "page": 8,628 "confidence": "high",629 "notes": "Dummy = 1 if located in a short-term flipping hotspot area (resales within 2 years); printed name FHA; z-statistic recorded in t field"630 },631 {632 "model_id": "T2-c3",633 "var_name_printed": "THA × FHA",634 "taxonomy_id": "other",635 "x_transform": "other",636 "x_unit": "binary",637 "beta": 0.032,638 "se": null,639 "t": 1.3,640 "p": null,641 "p_stars": "",642 "ci_lo": null,643 "ci_hi": null,644 "page": 8,645 "confidence": "high",646 "notes": "Interaction of transaction-hotspot and flipping-hotspot dummies; z-statistic recorded in t field"647 },648 {649 "model_id": "T3-c1",650 "var_name_printed": "Area",651 "taxonomy_id": "living_area",652 "x_transform": "level",653 "x_unit": "m2",654 "beta": 0.008,655 "se": null,656 "t": 131.06,657 "p": null,658 "p_stars": "***",659 "ci_lo": null,660 "ci_hi": null,661 "page": 9,662 "confidence": "high",663 "notes": "Building floor area in m2"664 },665 {666 "model_id": "T3-c1",667 "var_name_printed": "Floor",668 "taxonomy_id": "floor_level",669 "x_transform": "level",670 "x_unit": "count",671 "beta": -0.002,672 "se": null,673 "t": -2.15,674 "p": null,675 "p_stars": "**",676 "ci_lo": null,677 "ci_hi": null,678 "page": 9,679 "confidence": "high",680 "notes": "Trading floor (floor on which the unit is located)"681 },682 {683 "model_id": "T3-c1",684 "var_name_printed": "TStory",685 "taxonomy_id": "storeys",686 "x_transform": "level",687 "x_unit": "count",688 "beta": -0.004,689 "se": null,690 "t": -5.4,691 "p": null,692 "p_stars": "***",693 "ci_lo": null,694 "ci_hi": null,695 "page": 9,696 "confidence": "high",697 "notes": "Total number of storeys of the building"698 },699 {700 "model_id": "T3-c1",701 "var_name_printed": "Bathroom",702 "taxonomy_id": "bathrooms",703 "x_transform": "level",704 "x_unit": "count",705 "beta": 0.069,706 "se": null,707 "t": 12.16,708 "p": null,709 "p_stars": "***",710 "ci_lo": null,711 "ci_hi": null,712 "page": 9,713 "confidence": "high",714 "notes": "Number of bathrooms"715 },716 {717 "model_id": "T3-c1",718 "var_name_printed": "Age",719 "taxonomy_id": "age",720 "x_transform": "level",721 "x_unit": "years",722 "beta": -0.012,723 "se": null,724 "t": -55.95,725 "p": null,726 "p_stars": "***",727 "ci_lo": null,728 "ci_hi": null,729 "page": 9,730 "confidence": "high",731 "notes": "Dwelling age in years"732 },733 {734 "model_id": "T3-c1",735 "var_name_printed": "Dist. MRT",736 "taxonomy_id": "transit_distance",737 "x_transform": "level",738 "x_unit": "100 m",739 "beta": -0.012,740 "se": null,741 "t": -17.8,742 "p": null,743 "p_stars": "***",744 "ci_lo": null,745 "ci_hi": null,746 "page": 9,747 "confidence": "high",748 "notes": "Distance to nearest MRT station, unit = 100 m (Table 1)"749 },750 {751 "model_id": "T3-c1",752 "var_name_printed": "Dist. CC",753 "taxonomy_id": "cbd_distance",754 "x_transform": "level",755 "x_unit": "100 m",756 "beta": -0.002,757 "se": null,758 "t": -9.48,759 "p": null,760 "p_stars": "***",761 "ci_lo": null,762 "ci_hi": null,763 "page": 9,764 "confidence": "high",765 "notes": "Distance to city center, unit = 100 m (Table 1)"766 },767 {768 "model_id": "T3-c1",769 "var_name_printed": "THA",770 "taxonomy_id": "liquidity",771 "x_transform": "binary",772 "x_unit": "binary",773 "beta": -0.122,774 "se": null,775 "t": -17.62,776 "p": null,777 "p_stars": "***",778 "ci_lo": null,779 "ci_hi": null,780 "page": 9,781 "confidence": "high",782 "notes": "Dummy = 1 if located in a housing-transaction hotspot area (Getis-Ord Gi*)"783 },784 {785 "model_id": "T3-c1",786 "var_name_printed": "FHA",787 "taxonomy_id": "other",788 "x_transform": "binary",789 "x_unit": "binary",790 "beta": 0.069,791 "se": null,792 "t": 2.24,793 "p": null,794 "p_stars": "**",795 "ci_lo": null,796 "ci_hi": null,797 "page": 9,798 "confidence": "high",799 "notes": "Dummy = 1 if located in a short-term flipping hotspot area (resales within 2 years); printed name FHA"800 },801 {802 "model_id": "T3-c1",803 "var_name_printed": "THA × FHA",804 "taxonomy_id": "other",805 "x_transform": "other",806 "x_unit": "binary",807 "beta": -0.023,808 "se": null,809 "t": -0.4,810 "p": null,811 "p_stars": "",812 "ci_lo": null,813 "ci_hi": null,814 "page": 9,815 "confidence": "high",816 "notes": "Interaction of transaction-hotspot and flipping-hotspot dummies"817 },818 {819 "model_id": "T3-c2",820 "var_name_printed": "Area",821 "taxonomy_id": "living_area",822 "x_transform": "level",823 "x_unit": "m2",824 "beta": 0.008,825 "se": null,826 "t": 230.96,827 "p": null,828 "p_stars": "***",829 "ci_lo": null,830 "ci_hi": null,831 "page": 9,832 "confidence": "high",833 "notes": "Building floor area in m2"834 },835 {836 "model_id": "T3-c2",837 "var_name_printed": "Floor",838 "taxonomy_id": "floor_level",839 "x_transform": "level",840 "x_unit": "count",841 "beta": 0.001,842 "se": null,843 "t": 1.51,844 "p": null,845 "p_stars": "",846 "ci_lo": null,847 "ci_hi": null,848 "page": 9,849 "confidence": "high",850 "notes": "Trading floor (floor on which the unit is located)"851 },852 {853 "model_id": "T3-c2",854 "var_name_printed": "TStory",855 "taxonomy_id": "storeys",856 "x_transform": "level",857 "x_unit": "count",858 "beta": -0.001,859 "se": null,860 "t": -3.01,861 "p": null,862 "p_stars": "***",863 "ci_lo": null,864 "ci_hi": null,865 "page": 9,866 "confidence": "high",867 "notes": "Total number of storeys of the building"868 },869 {870 "model_id": "T3-c2",871 "var_name_printed": "Bathroom",872 "taxonomy_id": "bathrooms",873 "x_transform": "level",874 "x_unit": "count",875 "beta": 0.061,876 "se": null,877 "t": 17.98,878 "p": null,879 "p_stars": "***",880 "ci_lo": null,881 "ci_hi": null,882 "page": 9,883 "confidence": "high",884 "notes": "Number of bathrooms"885 },886 {887 "model_id": "T3-c2",888 "var_name_printed": "Age",889 "taxonomy_id": "age",890 "x_transform": "level",891 "x_unit": "years",892 "beta": -0.012,893 "se": null,894 "t": -88.2,895 "p": null,896 "p_stars": "***",897 "ci_lo": null,898 "ci_hi": null,899 "page": 9,900 "confidence": "high",901 "notes": "Dwelling age in years"902 },903 {904 "model_id": "T3-c2",905 "var_name_printed": "Dist. MRT",906 "taxonomy_id": "transit_distance",907 "x_transform": "level",908 "x_unit": "100 m",909 "beta": -0.013,910 "se": null,911 "t": -33.05,912 "p": null,913 "p_stars": "***",914 "ci_lo": null,915 "ci_hi": null,916 "page": 9,917 "confidence": "high",918 "notes": "Distance to nearest MRT station, unit = 100 m (Table 1)"919 },920 {921 "model_id": "T3-c2",922 "var_name_printed": "Dist. CC",923 "taxonomy_id": "cbd_distance",924 "x_transform": "level",925 "x_unit": "100 m",926 "beta": -0.003,927 "se": null,928 "t": -16.04,929 "p": null,930 "p_stars": "***",931 "ci_lo": null,932 "ci_hi": null,933 "page": 9,934 "confidence": "high",935 "notes": "Distance to city center, unit = 100 m (Table 1)"936 },937 {938 "model_id": "T3-c2",939 "var_name_printed": "THA",940 "taxonomy_id": "liquidity",941 "x_transform": "binary",942 "x_unit": "binary",943 "beta": -0.124,944 "se": null,945 "t": -30.11,946 "p": null,947 "p_stars": "***",948 "ci_lo": null,949 "ci_hi": null,950 "page": 9,951 "confidence": "high",952 "notes": "Dummy = 1 if located in a housing-transaction hotspot area (Getis-Ord Gi*)"953 },954 {955 "model_id": "T3-c2",956 "var_name_printed": "FHA",957 "taxonomy_id": "other",958 "x_transform": "binary",959 "x_unit": "binary",960 "beta": 0.05,961 "se": null,962 "t": 2.74,963 "p": null,964 "p_stars": "***",965 "ci_lo": null,966 "ci_hi": null,967 "page": 9,968 "confidence": "high",969 "notes": "Dummy = 1 if located in a short-term flipping hotspot area (resales within 2 years); printed name FHA"970 },971 {972 "model_id": "T3-c2",973 "var_name_printed": "THA × FHA",974 "taxonomy_id": "other",975 "x_transform": "other",976 "x_unit": "binary",977 "beta": 0.037,978 "se": null,979 "t": 1.07,980 "p": null,981 "p_stars": "",982 "ci_lo": null,983 "ci_hi": null,984 "page": 9,985 "confidence": "high",986 "notes": "Interaction of transaction-hotspot and flipping-hotspot dummies"987 },988 {989 "model_id": "T3-c3",990 "var_name_printed": "Area",991 "taxonomy_id": "living_area",992 "x_transform": "level",993 "x_unit": "m2",994 "beta": 0.008,995 "se": null,996 "t": 305.09,997 "p": null,998 "p_stars": "***",999 "ci_lo": null,1000 "ci_hi": null,1001 "page": 9,1002 "confidence": "high",1003 "notes": "Building floor area in m2"1004 },1005 {1006 "model_id": "T3-c3",1007 "var_name_printed": "Floor",1008 "taxonomy_id": "floor_level",1009 "x_transform": "level",1010 "x_unit": "count",1011 "beta": 0.001,1012 "se": null,1013 "t": 3.91,1014 "p": null,1015 "p_stars": "***",1016 "ci_lo": null,1017 "ci_hi": null,1018 "page": 9,1019 "confidence": "high",1020 "notes": "Trading floor (floor on which the unit is located)"1021 },1022 {1023 "model_id": "T3-c3",1024 "var_name_printed": "TStory",1025 "taxonomy_id": "storeys",1026 "x_transform": "level",1027 "x_unit": "count",1028 "beta": 0.001,1029 "se": null,1030 "t": 3.31,1031 "p": null,1032 "p_stars": "***",1033 "ci_lo": null,1034 "ci_hi": null,1035 "page": 9,1036 "confidence": "high",1037 "notes": "Total number of storeys of the building"1038 },1039 {1040 "model_id": "T3-c3",1041 "var_name_printed": "Bathroom",1042 "taxonomy_id": "bathrooms",1043 "x_transform": "level",1044 "x_unit": "count",1045 "beta": 0.055,1046 "se": null,1047 "t": 21.54,1048 "p": null,1049 "p_stars": "***",1050 "ci_lo": null,1051 "ci_hi": null,1052 "page": 9,1053 "confidence": "high",1054 "notes": "Number of bathrooms"1055 },1056 {1057 "model_id": "T3-c3",1058 "var_name_printed": "Age",1059 "taxonomy_id": "age",1060 "x_transform": "level",1061 "x_unit": "years",1062 "beta": -0.011,1063 "se": null,1064 "t": -105.21,1065 "p": null,1066 "p_stars": "***",1067 "ci_lo": null,1068 "ci_hi": null,1069 "page": 9,1070 "confidence": "high",1071 "notes": "Dwelling age in years"1072 },1073 {1074 "model_id": "T3-c3",1075 "var_name_printed": "Dist. MRT",1076 "taxonomy_id": "transit_distance",1077 "x_transform": "level",1078 "x_unit": "100 m",1079 "beta": -0.011,1080 "se": null,1081 "t": -38.23,1082 "p": null,1083 "p_stars": "***",1084 "ci_lo": null,1085 "ci_hi": null,1086 "page": 9,1087 "confidence": "high",1088 "notes": "Distance to nearest MRT station, unit = 100 m (Table 1)"1089 },1090 {1091 "model_id": "T3-c3",1092 "var_name_printed": "Dist. CC",1093 "taxonomy_id": "cbd_distance",1094 "x_transform": "level",1095 "x_unit": "100 m",1096 "beta": -0.003,1097 "se": null,1098 "t": -26.2,1099 "p": null,1100 "p_stars": "***",1101 "ci_lo": null,1102 "ci_hi": null,1103 "page": 9,1104 "confidence": "high",1105 "notes": "Distance to city center, unit = 100 m (Table 1)"1106 },1107 {1108 "model_id": "T3-c3",1109 "var_name_printed": "THA",1110 "taxonomy_id": "liquidity",1111 "x_transform": "binary",1112 "x_unit": "binary",1113 "beta": -0.097,1114 "se": null,1115 "t": -30.8,1116 "p": null,1117 "p_stars": "***",1118 "ci_lo": null,1119 "ci_hi": null,1120 "page": 9,1121 "confidence": "high",1122 "notes": "Dummy = 1 if located in a housing-transaction hotspot area (Getis-Ord Gi*)"1123 },1124 {1125 "model_id": "T3-c3",1126 "var_name_printed": "FHA",1127 "taxonomy_id": "other",1128 "x_transform": "binary",1129 "x_unit": "binary",1130 "beta": 0.014,1131 "se": null,1132 "t": 1.69,1133 "p": null,1134 "p_stars": "*",1135 "ci_lo": null,1136 "ci_hi": null,1137 "page": 9,1138 "confidence": "high",1139 "notes": "Dummy = 1 if located in a short-term flipping hotspot area (resales within 2 years); printed name FHA"1140 },1141 {1142 "model_id": "T3-c3",1143 "var_name_printed": "THA × FHA",1144 "taxonomy_id": "other",1145 "x_transform": "other",1146 "x_unit": "binary",1147 "beta": 0.056,1148 "se": null,1149 "t": 2.1,1150 "p": null,1151 "p_stars": "**",1152 "ci_lo": null,1153 "ci_hi": null,1154 "page": 9,1155 "confidence": "high",1156 "notes": "Interaction of transaction-hotspot and flipping-hotspot dummies"1157 },1158 {1159 "model_id": "T3-c4",1160 "var_name_printed": "Area",1161 "taxonomy_id": "living_area",1162 "x_transform": "level",1163 "x_unit": "m2",1164 "beta": 0.008,1165 "se": null,1166 "t": 300.55,1167 "p": null,1168 "p_stars": "***",1169 "ci_lo": null,1170 "ci_hi": null,1171 "page": 9,1172 "confidence": "high",1173 "notes": "Building floor area in m2"1174 },1175 {1176 "model_id": "T3-c4",1177 "var_name_printed": "Floor",1178 "taxonomy_id": "floor_level",1179 "x_transform": "level",1180 "x_unit": "count",1181 "beta": 0.002,1182 "se": null,1183 "t": 5.064,1184 "p": null,1185 "p_stars": "***",1186 "ci_lo": null,1187 "ci_hi": null,1188 "page": 9,1189 "confidence": "high",1190 "notes": "Trading floor (floor on which the unit is located)"1191 },1192 {1193 "model_id": "T3-c4",1194 "var_name_printed": "TStory",1195 "taxonomy_id": "storeys",1196 "x_transform": "level",1197 "x_unit": "count",1198 "beta": 0.003,1199 "se": null,1200 "t": 7.32,1201 "p": null,1202 "p_stars": "***",1203 "ci_lo": null,1204 "ci_hi": null,1205 "page": 9,1206 "confidence": "high",1207 "notes": "Total number of storeys of the building"1208 },1209 {1210 "model_id": "T3-c4",1211 "var_name_printed": "Bathroom",1212 "taxonomy_id": "bathrooms",1213 "x_transform": "level",1214 "x_unit": "count",1215 "beta": 0.054,1216 "se": null,1217 "t": 20.79,1218 "p": null,1219 "p_stars": "***",1220 "ci_lo": null,1221 "ci_hi": null,1222 "page": 9,1223 "confidence": "high",1224 "notes": "Number of bathrooms"1225 },1226 {1227 "model_id": "T3-c4",1228 "var_name_printed": "Age",1229 "taxonomy_id": "age",1230 "x_transform": "level",1231 "x_unit": "years",1232 "beta": -0.01,1233 "se": null,1234 "t": -100.58,1235 "p": null,1236 "p_stars": "***",1237 "ci_lo": null,1238 "ci_hi": null,1239 "page": 9,1240 "confidence": "high",1241 "notes": "Dwelling age in years"1242 },1243 {1244 "model_id": "T3-c4",1245 "var_name_printed": "Dist. MRT",1246 "taxonomy_id": "transit_distance",1247 "x_transform": "level",1248 "x_unit": "100 m",1249 "beta": -0.01,1250 "se": null,1251 "t": -32.26,1252 "p": null,1253 "p_stars": "***",1254 "ci_lo": null,1255 "ci_hi": null,1256 "page": 9,1257 "confidence": "high",1258 "notes": "Distance to nearest MRT station, unit = 100 m (Table 1)"1259 },1260 {1261 "model_id": "T3-c4",1262 "var_name_printed": "Dist. CC",1263 "taxonomy_id": "cbd_distance",1264 "x_transform": "level",1265 "x_unit": "100 m",1266 "beta": -0.004,1267 "se": null,1268 "t": -29.4,1269 "p": null,1270 "p_stars": "***",1271 "ci_lo": null,1272 "ci_hi": null,1273 "page": 9,1274 "confidence": "high",1275 "notes": "Distance to city center, unit = 100 m (Table 1)"1276 },1277 {1278 "model_id": "T3-c4",1279 "var_name_printed": "THA",1280 "taxonomy_id": "liquidity",1281 "x_transform": "binary",1282 "x_unit": "binary",1283 "beta": -0.061,1284 "se": null,1285 "t": -19.22,1286 "p": null,1287 "p_stars": "***",1288 "ci_lo": null,1289 "ci_hi": null,1290 "page": 9,1291 "confidence": "high",1292 "notes": "Dummy = 1 if located in a housing-transaction hotspot area (Getis-Ord Gi*)"1293 },1294 {1295 "model_id": "T3-c4",1296 "var_name_printed": "FHA",1297 "taxonomy_id": "other",1298 "x_transform": "binary",1299 "x_unit": "binary",1300 "beta": -0.018,1301 "se": null,1302 "t": -1.26,1303 "p": null,1304 "p_stars": "",1305 "ci_lo": null,1306 "ci_hi": null,1307 "page": 9,1308 "confidence": "high",1309 "notes": "Dummy = 1 if located in a short-term flipping hotspot area (resales within 2 years); printed name FHA"1310 },1311 {1312 "model_id": "T3-c4",1313 "var_name_printed": "THA × FHA",1314 "taxonomy_id": "other",1315 "x_transform": "other",1316 "x_unit": "binary",1317 "beta": 0.089,1318 "se": null,1319 "t": 3.3,1320 "p": null,1321 "p_stars": "***",1322 "ci_lo": null,1323 "ci_hi": null,1324 "page": 9,1325 "confidence": "high",1326 "notes": "Interaction of transaction-hotspot and flipping-hotspot dummies"1327 },1328 {1329 "model_id": "T3-c5",1330 "var_name_printed": "Area",1331 "taxonomy_id": "living_area",1332 "x_transform": "level",1333 "x_unit": "m2",1334 "beta": 0.008,1335 "se": null,1336 "t": 265.16,1337 "p": null,1338 "p_stars": "***",1339 "ci_lo": null,1340 "ci_hi": null,1341 "page": 9,1342 "confidence": "high",1343 "notes": "Building floor area in m2"1344 },1345 {1346 "model_id": "T3-c5",1347 "var_name_printed": "Floor",1348 "taxonomy_id": "floor_level",1349 "x_transform": "level",1350 "x_unit": "count",1351 "beta": 0.002,1352 "se": null,1353 "t": 3.27,1354 "p": null,1355 "p_stars": "***",1356 "ci_lo": null,1357 "ci_hi": null,1358 "page": 9,1359 "confidence": "high",1360 "notes": "Trading floor (floor on which the unit is located)"1361 },1362 {1363 "model_id": "T3-c5",1364 "var_name_printed": "TStory",1365 "taxonomy_id": "storeys",1366 "x_transform": "level",1367 "x_unit": "count",1368 "beta": 0.003,1369 "se": null,1370 "t": 6.37,1371 "p": null,1372 "p_stars": "***",1373 "ci_lo": null,1374 "ci_hi": null,1375 "page": 9,1376 "confidence": "high",1377 "notes": "Total number of storeys of the building"1378 },1379 {1380 "model_id": "T3-c5",1381 "var_name_printed": "Bathroom",1382 "taxonomy_id": "bathrooms",1383 "x_transform": "level",1384 "x_unit": "count",1385 "beta": 0.049,1386 "se": null,1387 "t": 16.63,1388 "p": null,1389 "p_stars": "***",1390 "ci_lo": null,1391 "ci_hi": null,1392 "page": 9,1393 "confidence": "high",1394 "notes": "Number of bathrooms"1395 },1396 {1397 "model_id": "T3-c5",1398 "var_name_printed": "Age",1399 "taxonomy_id": "age",1400 "x_transform": "level",1401 "x_unit": "years",1402 "beta": -0.01,1403 "se": null,1404 "t": -86.66,1405 "p": null,1406 "p_stars": "***",1407 "ci_lo": null,1408 "ci_hi": null,1409 "page": 9,1410 "confidence": "high",1411 "notes": "Dwelling age in years"1412 },1413 {1414 "model_id": "T3-c5",1415 "var_name_printed": "Dist. MRT",1416 "taxonomy_id": "transit_distance",1417 "x_transform": "level",1418 "x_unit": "100 m",1419 "beta": -0.009,1420 "se": null,1421 "t": -25.01,1422 "p": null,1423 "p_stars": "***",1424 "ci_lo": null,1425 "ci_hi": null,1426 "page": 9,1427 "confidence": "high",1428 "notes": "Distance to nearest MRT station, unit = 100 m (Table 1)"1429 },1430 {1431 "model_id": "T3-c5",1432 "var_name_printed": "Dist. CC",1433 "taxonomy_id": "cbd_distance",1434 "x_transform": "level",1435 "x_unit": "100 m",1436 "beta": -0.004,1437 "se": null,1438 "t": -26.04,1439 "p": null,1440 "p_stars": "***",1441 "ci_lo": null,1442 "ci_hi": null,1443 "page": 9,1444 "confidence": "high",1445 "notes": "Distance to city center, unit = 100 m (Table 1)"1446 },1447 {1448 "model_id": "T3-c5",1449 "var_name_printed": "THA",1450 "taxonomy_id": "liquidity",1451 "x_transform": "binary",1452 "x_unit": "binary",1453 "beta": -0.038,1454 "se": null,1455 "t": -10.64,1456 "p": null,1457 "p_stars": "***",1458 "ci_lo": null,1459 "ci_hi": null,1460 "page": 9,1461 "confidence": "high",1462 "notes": "Dummy = 1 if located in a housing-transaction hotspot area (Getis-Ord Gi*)"1463 },1464 {1465 "model_id": "T3-c5",1466 "var_name_printed": "FHA",1467 "taxonomy_id": "other",1468 "x_transform": "binary",1469 "x_unit": "binary",1470 "beta": -0.024,1471 "se": null,1472 "t": -1.51,1473 "p": null,1474 "p_stars": "",1475 "ci_lo": null,1476 "ci_hi": null,1477 "page": 9,1478 "confidence": "high",1479 "notes": "Dummy = 1 if located in a short-term flipping hotspot area (resales within 2 years); printed name FHA"1480 },1481 {1482 "model_id": "T3-c5",1483 "var_name_printed": "THA × FHA",1484 "taxonomy_id": "other",1485 "x_transform": "other",1486 "x_unit": "binary",1487 "beta": 0.045,1488 "se": null,1489 "t": 1.45,1490 "p": null,1491 "p_stars": "",1492 "ci_lo": null,1493 "ci_hi": null,1494 "page": 9,1495 "confidence": "high",1496 "notes": "Interaction of transaction-hotspot and flipping-hotspot dummies"1497 }1498 ]1499}