An Investigation of the Major Influences of Residential Liquidity: A Multivariate Approach
研究了20世纪80年代抵押贷款市场条件下独户住宅的流动性，包括价值恢复和及时性两个维度，并利用典型相关和多元判别分析识别了影响流动性的关键房产特征和市场条件。
The liquidity of the single‐family home has been potentially compromised by prevailing conventional mortgage market conditions in the 1980s. The primary objectives of this study are to investigate the degree of liquidity of a given residence, defined to incorporate both the “recovery‐of‐value” and “timeliness” dimensions, and the major influences upon such liquidity. The multivariate techniques of canonical correlation and multiple discriminant analysis are employed to identify those property characteristics and/or prevailing mortgage market conditions that most appreciably influence the liquidity of a residential listing.