Real Estate Values and Cultural Number Preferences

Posted on Monday, November 29th, 2010 at 9:46am.

Real Estate Values and Cultural Number Preferences

A University of British Columbia study has found: "Chinese number preferences can drive real estate prices of certain addresses up or down in neighbourhoods with large numbers of ethnic Chinese residents."

Furthermore, the study concludes:  "This shows that the address of your house can be more of a selling feature in some markets."

Read more Cultural number preferences impact real estate prices: UBC study.

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