Internet-Based Hedonic Indices of Rents and Prices for Flats: Example of Berlin

In this paper, we suggest to estimate the home rents and prices in German regions/cities using the data from Internet ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to construct the quality-adjusted rent and price indices using the hedonic approach. The results can be applied both for investigating the dynamics of rents/prices and for examining their distribution by city districts or regions.

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Year of publication:	2012
Authors:	Kholodilin, Konstantin A. ; Mense, Andreas
Institutions:	DIW Berlin (Deutsches Institut für Wirtschaftsforschung)
Subject:	Internet ads \| home rents \| home prices \| German regions \| Berlin \| hedonic approach

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Extent:	application/pdf
Series:	Discussion Papers of DIW Berlin. - ISSN 1619-4535.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 1191 21 pages long
Classification:	C21 - Cross-Sectional Models; Spatial Models ; O47 - Measurement of Economic Growth; Aggregate Productivity ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009651335