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Contemporary European urban planning policies aim to mix land uses in compact neighbourhoods. It is presumed that mixing land uses yields socio-economic benefits and therefore has a positive effect on housing values. In this paper, we investigate the impact of mixed land use on housing values...
Persistent link: https://www.econbiz.de/10010325996
How should urban containment and the diversion of households to nearby residential areas be evaluated from a welfare economic perspective? Assuming the existence of a negative externality of city size, we develop a concise general equilibrium model for a mother city and a satellite. This...
Persistent link: https://www.econbiz.de/10011374401
Contemporary European urban planning policies aim to mix land uses in compact neighbourhoods. It is presumed that mixing land uses yields socio-economic benefits and therefore has a positive effect on housing values. In this paper, we investigate the impact of mixed land use on housing values...
Persistent link: https://www.econbiz.de/10011382068
This thesis analyzes the dynamic of fiscal capitalization across space and over time in the Canton of Zurich. While the literature provides a profusion of evidence on capitalization, there is still a controversy on the extent to which local fiscal variables capitalize into house values and on...
Persistent link: https://www.econbiz.de/10009685794
House prices have increased significantly in Canada over the past decade, driving household debt and residential construction activity to historical highs. Although macro-prudential tightening has slowed the pace of household borrowing in the last few years, house prices have continued to trend...
Persistent link: https://www.econbiz.de/10010464985
Contemporary European urban planning policies aim to mix land uses in compact neighbourhoods. It is presumed that mixing land uses yields socio-economic benefits and therefore has a positive effect on housing values. In this paper, we investigate the impact of mixed land use on housing values...
Persistent link: https://www.econbiz.de/10013136819
We study the effects of a large-scale upzoning on house prices and redevelopment premiums in Auckland, New Zealand. Upzoning significantly increases the redevelopment premium, but the overall effect on house prices depends on the economic potential for site redevelopment, with underdeveloped...
Persistent link: https://www.econbiz.de/10012842319
Land-use regulations can lower real estate prices by imposing costs on property owners, but may raise prices by restricting supply and generating amenities. We study the effects of the California Coastal Act, one of the nation's most stringent land-use regulations, on prices and rents for...
Persistent link: https://www.econbiz.de/10012946150
Spatial equilibrium in housing markets implies that distant factors are correlated with prices in specific (focal) neighborhoods through market mechanisms. Using this logic, we develop a novel approach for handling price endogeneity in a reduced-form land use model. We combine a control function...
Persistent link: https://www.econbiz.de/10013005048
In January-April 2014, 231,100 apartments with floorspace of 17.9m sq. meters which amounts to 127% on the respective period of 2013. In Q1 2014, the average actual cost of building of 1 sq. meter of residential housing rose by 12.52% as compared to Q1 2013 and amounted to Rb 39,290. The ratio...
Persistent link: https://www.econbiz.de/10013050068