The Concept of Urban Amenities -- Germans’ Location Choice Preferences -- The Relationship Between Residential Prices and Migration -- Crime in a Large German City and the Impact on Residential Real Estate.

This paper studies urban sustainability from the perspective ofexternalities. We develop a general spatialequilibrium model of a monocentric city, in which two types ofexternalities occur. On the one hand, pollution inthe industrial centre leads to a spatially differentiateddeterioration of the...