Online property brokerage platform and prices of second-hand houses: Evidence from Lianjia’s entry
作者:
Highlights:
• Online property brokerage platform entry reduces second-hand housing price.
• The impact is weakened with the increase in new house price.
• The impact is weakened with the increase in total households.
• Platform entry may boost the sales of second-hand houses.
摘要
•Online property brokerage platform entry reduces second-hand housing price.•The impact is weakened with the increase in new house price.•The impact is weakened with the increase in total households.•Platform entry may boost the sales of second-hand houses.
论文关键词:Lianjia,Brokerage platform,Online intermediary,Platform entry,Housing price,Housing market
论文评审过程:Received 26 January 2021, Revised 22 October 2021, Accepted 26 October 2021, Available online 30 October 2021, Version of Record 8 November 2021.
论文官网地址:https://doi.org/10.1016/j.elerap.2021.101104