Showing 1 - 10 of 1,649
This paper employs a hedonic price model to explain standard land values in Berlin. Impact on land values is assessed … for the two city airports situated in Berlin, Germany, Tempelhof and Tegel. Empirical results confirm expectations about … indicators created for all three Berlin airports in operation, including Berlin Schoenefeld International Airport, reveal clear …
Persistent link: https://www.econbiz.de/10014200057
This paper employs a hedonic price model to explain standard land values in Berlin. Impact on land values is assessed … for the two city airports situated in Berlin, Germany, Tempelhof and Tegel. Empirical results confirm expectations about … indicators created for all three Berlin airports in operation, including Berlin Schoenefeld International Airport, reveal clear …
Persistent link: https://www.econbiz.de/10003660117
Residential development is a dynamic process, as changes in housing stock vary substantially over space and time. These spatiotemporal dynamics are expected to differ in various hierarchical levels of urban areas. Urban cores, peri-urban areas and predominantly rural areas are likely to...
Persistent link: https://www.econbiz.de/10013221667
We present a modified open monocentric city model that assumes that land is available for conversion into new housing throughout the city. The model predicts that positive local income shocks (i) increase the cityś share of multi-family housing in new construction and (ii) lead to the...
Persistent link: https://www.econbiz.de/10010399679
Housing prices have been growing strongly in Luxembourg, stoked by population growth, a high rate of household formation and limited use of land available for construction. Increases in price-to-income ratio mainly reflect high valuations of residential real estate, which rise faster than...
Persistent link: https://www.econbiz.de/10012203240
This paper studies how local land-use regulations and community opposition affect the trade-offs to building single-family, multifamily, and affordable housing and how their effects on rents differ from their effects on house prices. Using lot-level zoning regulations and a boundary...
Persistent link: https://www.econbiz.de/10013387432
Exploiting the unique institutional setting of Hong Kong's real estate market, we uncover a curious ripple effect of haunted houses on the prices of nearby houses. Prices drop on average 19% for units that become haunted, 9% for units on the same floor, 6% for units in the same block, and 1% for...
Persistent link: https://www.econbiz.de/10012900542
Exploiting the unique institutional setting of Hong Kong's real estate market, we uncover a curious ripple effect of haunted houses on the prices of nearby houses. Prices drop on average 20% for units that become haunted, 10% for units on the same floor, 7% for units in the same block, and 1%...
Persistent link: https://www.econbiz.de/10012824905
Urban renewal programs have been implemented in many countries to fight housing decay, poverty concentration, and associated social ills in the last decades. In this paper, we propose an evaluation of a large-scale urban renewal program launched in France in 2004. Using a novel estimator aimed...
Persistent link: https://www.econbiz.de/10014352142
This paper examines the effects of a generous, spatially-targeted economic development policy (the federal Empowerment Zone program) on local neighborhood characteristics and on the neighborhood quality of life, taking into account the interactions amongst the policy, changes in neighborhood...
Persistent link: https://www.econbiz.de/10013325358