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This paper examines the effects of rental concessions on apartment rent and occupancy rates. Using limited-information maximum likelihood estimation, equations for rent, occupancy, and concessions show that landlord-supplied rental concessions have a positive effect on both rent and occupancy...
Persistent link: https://www.econbiz.de/10005258580
Rent plays a vital role in property valuation because any positive or negative influence on rent will in turn affect a property's value. This paper examines the effect of mass transportation on apartment rent. Specifically, this study investigates the impact on rent and value for residential...
Persistent link: https://www.econbiz.de/10005258654
Recent empirical work has investigated substantial lists of factors that have been employed to explain market rents for residential income property. These factors range from physical attributes to vacancy rates. To better understand the myriad factors that have been demonstrated to affect...
Persistent link: https://www.econbiz.de/10005258783
This paper examines apartment rental concessions and their effect on property values through apartment rent and occupancy rates. A simultaneous equation model is used to estimate rent and occupancy equations in linear, semilog, and logged form. The results show that rental concessions have a...
Persistent link: https://www.econbiz.de/10005258867
A number of facets of real estate brokerage have been examined over time in theoretical and empirical articles appearing in the literature. This article summarizes brokerage research and suggests avenues for future inquiry. In attempting to organize brokerage research, the research is classified...
Persistent link: https://www.econbiz.de/10005267659
This paper examines the effect of security measures on apartment rent and occupancy. Three variables representing various security measures are estimated in a simultaneous model of rent and occupancy. Providing 24 hour security has a significant positive effect on both rent and occupancy. Having...
Persistent link: https://www.econbiz.de/10005267716
This paper examines the effects of various amenities, services, and external factors on rent for multifamily housing. The attributes studied include amenities and services such as covered parking, modern kitchen, and maid service, occupancy restrictions such as no pets allowed, and external...
Persistent link: https://www.econbiz.de/10005267744
This paper examines major themes in apartment market research. The intent is to provide an overview of academic studies of the apartment market and to outline directions for future research.
Persistent link: https://www.econbiz.de/10005267806
Many facets of real estate brokerage have been examined in studies appearing in the literature over the last several years. This review attempts to organize the research around six questions concerning the brokerage industry: (1) What is the nature of the market for brokerage services and how...
Persistent link: https://www.econbiz.de/10005267855
Persistent link: https://www.econbiz.de/10001422117