House Price Distributions of Taiwan: A Preliminary Study

Details House Price Distributions of Taiwan: A Preliminary Study House Price Distributions of Taiwan: A Preliminary Study

2010-08-08

arxiv.org/abs/1008.1376v1

Physics

Physics and Society

5 pages, 3 figures

Scientific paper

The house price distributions of Taiwan are analyzed. The tail of the
cumulative distribution function (CDF) follows an approximate power law with an
exponent equals to -2.4 while the distribution of the house price per unit area
displays a lognormal distribution. Implications of the results are also
discussed.

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