This is a STATA do file which produces a vector of localized neighborhood market conditions in the paper "Why Do Vacant Houses Sell for Less: Holding Costs, Bargaining Power, or Stigma?" by G.K. Turnbull and Velma Zahirovic-Herbert

This paper introduces Nash bargaining into a search model in order to identify various channels through which vacancy affects selling price and liquidity in the resale market for houses. The model shows the various vacancy effects in the form of greater seller holding cost, lower seller...