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Concerns about global warming and growing scarcity of fossile fuels require substantial changes in energy consumption patterns and energy systems, as targeted by many countries around the world. One key element to achieve such transformation is to increase energy efficiency of the housing stock....
Persistent link: https://www.econbiz.de/10011301477
There is a broad literature on determinants of house prices, which received increasing attention in the aftermath of the subprime crisis. Additional to macroeconomic standard variables, there might be other hard to measure or even unobservable factors influencing real estate price dynamics....
Persistent link: https://www.econbiz.de/10011301794
In this paper, I examine the relationship between housing prices and transport improvements in case of tunnel in a locality in an extremely remote area of Iceland - a village far north called Siglufjörður. It have been documented that transportation improvements tend to influence housing...
Persistent link: https://www.econbiz.de/10011332287
Cultural Landscape Characteristics and Heritage Values A Spatially Explicit Hedonic Approach This paper uses the hedonic approach to analyze the relation between cultural landscape characteristics and property values. The empirical model uses geographic information systems to create a model that...
Persistent link: https://www.econbiz.de/10011332363
In this paper, we investigate whether evidence of discriminatory treatment against immigrants in the Spanish mortgage … mortgagors. We observe that immigrants are systematically charged with higher interest rates. We apply the well known Oaxaca …-Blinder decomposition to measure the extent to which this disparate treatment of lenders in mortgage pricing against immigrants is due to …
Persistent link: https://www.econbiz.de/10011336453
One of the classic predictions of the urban economic theory is that high-income and low-income households choose different residential locations and therefore, conditional on workplace location, have different commuting patterns. Empirical tests of this theory are not standard, due to unobserved...
Persistent link: https://www.econbiz.de/10011340729
Homeownership is heavily subsidized in many countries mainly through the tax code. The adverse effects of lenient tax treatment of owner-occupied housing on economic efficiency and growth are well documented in the economics literature. The main argument in favor of subsidizing owner-occupied...
Persistent link: https://www.econbiz.de/10011340774
In this paper I study unit-level data on house prices and rents in Central London. I document the existence of systematic differences in price-rent ratios across property types within the same urban area: bigger properties and properties located in more expensive neighborhoods have higher...
Persistent link: https://www.econbiz.de/10011397314
We investigate the difference in homeownership rate between natives and immigrants as well as its evolution in France …. stayers), we show that returns of characteristics change in favor of immigrants consistently with better integration and this … is particularly true for South Europeans. Moreover, for immigrants, entries on the territory have a large negative effect …
Persistent link: https://www.econbiz.de/10011400018
Proximity to water is appreciated by households. Hedonic analyses that try to measure the value of this amenity are potentially biased by omitted variables as locations close to the water may be selected by households with higher incomes who construct more luxury houses. Since it is difficult to...
Persistent link: https://www.econbiz.de/10011400063