不動產獲利的影響因素

本研究以英國經濟學家Dunning折衷理論為基礎。探討不動產投資者以折衷理論之所有權優勢、區位優勢及內部化優勢對不動產投資獲利情形之影響。本研究樣本以台中某地政士事務所內部資料所提供的128份資料庫，在2005~2020年15年間的投資數據。尋找相關會影響不動產投資獲利因素，並依據折衷理論加以分類，探討不動產投資者自身是否擁有合適的所有權優勢、區位優勢及內部化優勢。本研究發現不動產投資者所有權優勢及內部化優勢對不動產投資獲利情形有正向影響。藉由上述研究提供不動產投資者進入投資時作為策略考量。

關鍵字

不動產投資；折衷理論

並列摘要

The research is based on the eclectic paradigm of British economist Dunning. Discussing the influence of the ownership-specific advantage, location advantage and internalization advantage of real estate investors based on the eclectic paradigm on the profitability of real estate investment. The sample of this research uses 128 data bases provided by the internal data of a Taichung Land Administration Agent, the investment data during 15 years from 2005 to 2020. The research is looking for relevant factors that will affect the profitability of real estate investment, and classify them according to the eclectic paradigm, and deeply consider whether real estate investors themselves have appropriate ownership-specific advantage, location advantages, and internalization advantages. The study finds out that the ownership-specific advantage and internalization advantage of real estate investors have a positive impact on the profitability in real estate investment. While entering investment, the research can provide real estate investors as a strategic consideration.