Cities and towns are loci of population and production. In 2010, 80.7 percent of the United States population resided in urban areas, and the U.S. Bureau of Economic Analysis reported that in 2011, 90.1 percent of GDP was produced in metropolitan statistical areas (MSAs), emphasizing that urban...

Supply subsidies to owners of rental housing construction are typically aimed at increasing the overall size of the housing stock or at guaranteeing affordable housing for low-income households. This paper studies whether and how much the tenants of the social housing units benefit from this...

In this paper I measure the impact of urbanisation and localisation economies on commercial rents (offices and industrial buildings) using unique micro-data on both commercial property transactions, as well as all firm (establishment) locations. I add to the literature in three important ways....

Assuming that owners are fully compensated for the costs and benefits through the prices they pay for properties, we investigate the effects conservation areas have on value in England in a spatial hedonic analysis of property prices. Controlling for a particularly rich set of property and...

"Spatial thinking" is increasingly popular in housing market studies and spatial dependence across properties has been widely investigated in the intra-city housing market. The contribution of this paper is to study the spatial dependence and spillover effect of house prices from an interurban...

This paper presents an approach to measuring the values of time cost for freight transportation, and examines its applicability through empirical analysis. We develop the method based on the hedonic approach by explicitly formulating how transport time is determined as market outcome. In the...

This work explores the impact of 'Studentification' of a neighborhood on the profitability of investment in the housing market. The study breaks down the impact of students on the housing market into two areas: apartments for sale and apartments for rent. The Israeli housing market provides the...