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This paper introduces series of house and land prices for Australia's major capital cities for the period 1880-1970 which, spliced to modern data, give series spanning 1880-2010. The broad trends in prices for houses, land and rents highlight no significant movement in real prices for the first...
Persistent link: https://www.econbiz.de/10013038437
We estimate changes in the value and price of residential land for 379 German counties ("Landkreise") from 2014 to 2017 using a total of 42,685 observations. We use the two-step residual method that decomposes the value of a home into the value of the structure and land value. Despite the short...
Persistent link: https://www.econbiz.de/10012201905
patterns also hold for house prices but less so for the seven major German cities. Moreover, housing supply factors such as the …
Persistent link: https://www.econbiz.de/10012533157
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10009672254
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10013096770
This study draws from the redevelopment, real option, and urban spatial growth literatures to explore the spatial dynamics of the components of house prices. More specifically, the paper proposes that the capitalized value of the option to redevelop housing at the property level can be estimated...
Persistent link: https://www.econbiz.de/10012995468
This paper explores the spatial variation of land prices in Belgium. The originality of the methodology is threefold: (1) to work at the spatial extent of an entire country, (2) to compute several accessibility measures to all jobs and several representations of the environmental amenities and,...
Persistent link: https://www.econbiz.de/10014197895
Urban development projects have many effects on society, such as improving mobility, health, education, and sustainability. For policy-relevant measures, it is important that policymakers are able to foresee how quality improvements influence the price of land. Therefore, our objective is to...
Persistent link: https://www.econbiz.de/10012918481
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Persistent link: https://www.econbiz.de/10013276006