A Note on the Bias in House Price Capitalization Models
这篇注记讨论了在享乐定价模型中，包含卖方融资的房产样本会导致资本化过程估计偏误，并提出了可能的解决方法。
Recent research efforts concerning the capitalization of low‐rate, seller‐supplied financing have employed hedonic pricing models that may produce biased estimates of the capitalization process. The bias results when properties sold with owner financing are included in the researcher's sample. This note discusses the nature of the bias and suggests a possible solution.