Showing 1 - 10 of 18
In this paper I study unit-level data on house prices and rents in Central London. I document the existence of systematic differences in price-rent ratios across property types within the same urban area: bigger properties and properties located in more expensive neighborhoods have higher...
Persistent link: https://www.econbiz.de/10010740486
relatively sudden in-migration of wealthy or middle class residents into a previously poor or working class neighbourhood. I … measure this using the change in share of neighbourhood population that holds a degree certificate conditional on the initial …
Persistent link: https://www.econbiz.de/10011075858
The long-term price elasticity of supply of housing is a key factor determining the growth rates of housing prices and … housing supply as the city grows. Therefore, the housing supply elasticity has considerable influence on the competitiveness … regional variation in the supply elasticity of housing within the U.S. The literature further shows that the supply elasticity …
Persistent link: https://www.econbiz.de/10011075873
phenomena, as well as the heterogeneity of both supply and demand side: the former regarding housing prices and features; and …
Persistent link: https://www.econbiz.de/10011075928
Urban revitalization programs are widespread used but empirically understudied place-based policy instruments which attract increasing attention in recent years. This study adds to the existing literature by evaluating the selection process which led to the designation of a set of five urban...
Persistent link: https://www.econbiz.de/10011075816
This paper demonstrates that subsidized housing substantially increased inequality among urban Chinese residents in 1988 and 1995. Regressions for 1995 rental units impute estimated market rents in 1988 and 1995 for all dwelling units. In both years, these imputed values exceeded actual rents by...
Persistent link: https://www.econbiz.de/10011075838
In 2001, the AZF plant exploded in Toulouse (France). The accident was unexpected, it strongly damaged local housing and benefited from a wide media coverage. It provides a rare opportunity to analyze the consequences of a shift in risk perception on housing markets and neighborhoods subject to...
Persistent link: https://www.econbiz.de/10011075890
We investigate the difference in homeownership rate between natives and immigrants as well as its evolution in France using a large longitudinal dataset over the 1975-1999 period. For people staying on the territory the whole time (ie. stayers), we show that returns of characteristics change in...
Persistent link: https://www.econbiz.de/10011075895
Current developed economies' growth becomes increasingly dependent on the performance of innovation and skill-intensive industries. Therefore, the ability of cities to attract skilled or highly-educated individuals becomes more and more important for their growth and economic development. In...
Persistent link: https://www.econbiz.de/10011076032
Proximity to water is appreciated by households. Hedonic analyses that try to measure the value of this amenity are potentially biased by omitted variables as locations close to the water may be selected by households with higher incomes who construct more luxury houses. Since it is difficult to...
Persistent link: https://www.econbiz.de/10011076072