Evaluating the Influence of Personal Relationships on Land Sale Prices: A Case Study in Oregon
研究了俄勒冈州林恩县1992-1997年农地销售数据,发现亲属和邻居间的交易价格显著低于陌生人交易,而通过中介或广告的交易价格更高。
<i>Land transactions typically involve substantial personal interaction between buyer and seller. Despite this fact, researchers have made little attempt to determine how personal relationships influence the terms of trade for a property. In this study, Linn County, Oregon, farm land sales from 1992–1997 were examined to better understand and quantify the influences of personal relationships. Transactions between relatives and neighbors involved special considerations with greater frequency than did those between strangers and acquaintances. Transactions between parent and child and between neighbors brought significantly less than sales between strangers. Transactions resulting from a realtor or advertisement sold at a significant premium.</i>.