It would not be unusual to see a listing status you are unfamiliar with in a listing when you have not bought or sold for a while. Before going out house hunting, it is essential to understand their definitions. From experience, many don’t know the statuses that well. By the time you...
Contingent means the seller has accepted an offer, but certain conditions need to be met before the sale closes. This means there’s still a chance that thesale could fall throughand the house goes back on the market, should those conditions go unmet. ...
Sometimes market prices can be used to infer implicit values, a method known as ‘revealed preference’. For example, house prices are affected by risks from nearby plants[74]. However, when there are no market prices, surveys are used. The CVM asks people how much they value nonmarket good...
Nationality also had a significant impact on WTP, meaning that the Uzbek people are more likely to pay the entrance fee than non-Uzbek people (i.e., Russian, Kazakh, Tatar, Tajik, and other nationalities). The reason that WTP is negatively affected by age may be that younger people are ...
The socio-demographic variables include income, age, gender, education level, the total number of persons living in a house, and the number of years living there. The attitudinal variables of interest including the perceived value of river rehabilitation, the perception of other people’s reactions...