{"id":988,"date":"2020-04-28T17:14:09","date_gmt":"2020-04-28T09:14:09","guid":{"rendered":"http:\/\/localhost:8888\/?p=988"},"modified":"2025-12-24T20:48:09","modified_gmt":"2025-12-24T12:48:09","slug":"hedonic-prices-and-house-numbers-the-influence-of-feng-shui","status":"publish","type":"post","link":"https:\/\/www.gssinst.org\/irer\/2020\/04\/28\/hedonic-prices-and-house-numbers-the-influence-of-feng-shui\/","title":{"rendered":"Hedonic Prices and House Numbers: The Influence of Feng Shui"},"content":{"rendered":"\t\t
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Article<\/div>

Hedonic Prices and House Numbers: The Influence of Feng Shui<\/p>

Author<\/p>

Start Page \/ End Page<\/p>

Volume<\/p>

Issue Number<\/p>

Year<\/p>

Publication<\/p><\/div>

<\/p>

Steven C. Bourassa and Vincent S. Peng<\/p>

79 \/ 93<\/p>

2<\/p>

1<\/p>

1999<\/p>

International Real Estate Review<\/p><\/div>

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Abstract<\/p>


In contemporary practice, feng shui incorporates a wide range of concepts considered to affect a person\u2019s luck. These include traditional ideas about site selection and building design, as well as newer beliefs about the \u201cluckiness\u201d of certain numbers. Focusing on an area with a relatively high percentage of Chinese households in Auckland, New Zealand, this paper uses hedonic price analysis to investigate whether house values are affected by lucky and unlucky numbers. Sales transactions for 1989 to 1996 are used in this analysis. The results demonstrate that lucky house numbers are capitalized into house values.<\/p>

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View PDF -https:\/\/doi.org\/10.53383\/100013<\/strong><\/a><\/p>

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Author<\/p>\n

Start Page \/ End Page<\/p>\n

Volume<\/p>\n

Issue Number<\/p>\n

Year<\/p>\n

Publication<\/p>\n<\/div>\n

\n<\/p>\n

Steven C. Bourassa and Vincent S. Peng<\/p>\n

79 \/ 93<\/p>\n

2<\/p>\n

1<\/p>\n

1999<\/p>\n

International Real Estate Review<\/p>\n<\/div>\n

Download Entire Article.\"download-pdf-large\" <\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"article-template.php","format":"standard","meta":[],"categories":[165,164],"tags":[],"_links":{"self":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/988"}],"collection":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/comments?post=988"}],"version-history":[{"count":3,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/988\/revisions"}],"predecessor-version":[{"id":4799,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/988\/revisions\/4799"}],"wp:attachment":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/media?parent=988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/categories?post=988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/tags?post=988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}