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Historic designation is increasingly used as a means to achieve both preservation and community economic development. This study considered the effects of historic designation on residential property values in Baton Rouge, Louisiana. Our results support the well-established notion in urban...
Persistent link: https://www.econbiz.de/10010800365
This is the first study to lend empirical support to anecdotal media reports that indicate that real property buyers pay price premiums based on property names. Using a standard hedonic price model, we explore the price effects of property names that include the terms ícountryî and ícountry...
Persistent link: https://www.econbiz.de/10011162345