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The aim of this research is to study the determinants of the use of direct versus intermediated solutions on the French housing market. The theoretical perspective of perceived transaction costs provides a useful framework for understanding the existence of a specific mode of transaction in real...
Persistent link: https://www.econbiz.de/10011096659
Territorial development can be considered as a multidimensional process in which individual and collective preferences for land-use and allocation of local resources are confronting. The paper scrutinizes what can be learned from litigation before civil and administrative courts in the field of...
Persistent link: https://www.econbiz.de/10010706699
The willingness of households to pay for prevention against industrial risks can be revealed by real estate markets. By using very rich microdata, we study housing prices in the vicinity of hazardous industries near three important French cities. We show that the impact of hazardous plants on...
Persistent link: https://www.econbiz.de/10011093884
The presence of nearby public facilities has an impact on real-estate values; for this reason, the market may reasonably anticipate that public infrastructure projects will affect house prices. But undesirable and semi-desirable facility location choices may be contested by nearby residents, as...
Persistent link: https://www.econbiz.de/10010790031
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The article discusses a study which investigates the impact of real estate brokers on the price of residential properties sold in 2077 in France. The results show that brokers modify the prices of properties they sell. It stresses that the price impact of brokers varies by the property size and...
Persistent link: https://www.econbiz.de/10010960530
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This study examines the impact of real estate brokers on the price of residential properties sold in 2005 in twelve French cities. The results indicate that brokers increase the prices of properties they sell even though they appear to have heterogeneous behaviours across cities. The impact of...
Persistent link: https://www.econbiz.de/10010905232