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A hedonic pricing model estimates the effect on house prices of the stricter 2002 Florida Building Code for three geographical areas with varying degrees of risk exposure in the Jacksonville, Florida area. Results show that houses built under the new, stricter code sold for an average premium of...
Persistent link: https://www.econbiz.de/10013108436
Persistent link: https://www.econbiz.de/10008786082
Some research shows that homes built under tougher building codes perform better in hurricanes. While houses built after the implementation of the stronger building codes could be presumed to be "safer", no study has measured the extent to which stricter building codes are capitalized into...
Persistent link: https://www.econbiz.de/10014191947
This study examines the variation in cap rates for single tenant net lease (STNL) properties. Despite an abundant literature on micro- and macroeconomic factors that influence capitalization rates, little is known about tenant and location-specific risk pricing, especially for smaller,...
Persistent link: https://www.econbiz.de/10013406166