Von Malottki, Christian; Steinebach, Gerhard; Feser, … - European Real Estate Society - ERES - 2008
Time-series based office market models from urban economics (Rosen 1984, Wheaton / Di Pasquale 1996) describe the market movement for entire cities, but they do not consider local heterogeneity. Cross-sectional models like hedonic price modelling and the adaptation of the hedonic models for...