Unsold New Housing Stock; Housing Market; System Dynamics; Causal Loop Diagram (CLD)
, v. 1, NO 1, Page. 1499-1500
The unsold new housing stock is an important phenomenon that affects the financial status of construction companies in the housing market. It gets impacts from various variables constituting the housing market. This study identified the causes of 'unsold new housing stock' by analyzing the correlation between unsold new housing stock and the supply/demand in housing market. The study used system dynamics for the analysis.