Cajias, Marcelo; Freudenreich, Philipp; Freudenreich, Anna - In: Journal of Business Economics 90 (2020) 7, pp. 1021-1056
This paper analyses the highly under-researched German residential real estate market. Quality- and spatial-adjusted price and liquidity indices are calculated separately for the investment and rental market on a regional basis. Applying the “Partitioning Around Medoids (PAM)” clustering...
