Using a hedonic residential rent model for Brazil's metropolitan areas calibrated with microdata from Brazil's annual household survey, this study estimates that increasing the sense of security in the home by one standard deviation would increase average home values by R$1,513 (US$757), or...

Given the importance of housing as a component of a household's worth and of aggregate national wealth, we ask: What variables determine housing value in the Rio de Janeiro Metropolitan Region? What is Rio's aggregate residential wealth (i.e., the sum of the values of all housing units) and its...