Superstition and ‘ ‘ lucky ’ ’ apartments : Evidence from transaction-level data

@inproceedings{Shuma2015SuperstitionA,
  title={Superstition and ‘ ‘ lucky ’ ’ apartments : Evidence from transaction-level data},
  author={Matthew Shuma and Wei Sun and Guangliang Ye},
  year={2015}
}
Shum, Matthew, Sun, Wei, and Ye, Guangliang—Superstition and ‘‘lucky’’ apartments: Evidence from transaction-level data Using a sample of apartment transactions during 2004–2006 in Chengdu, China, we investigate the impact of superstitions in the Chinese real estate market. Numerology forms an important component of Chinese superstitious lore, with the numbers 8 and 6 signifying good luck, and the number 4 bad luck. We find that secondhand apartments located on floors ending with ‘‘8’’ fetch… CONTINUE READING

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