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In this paper I measure the impact of urbanisation and localisation economies on commercial rents (offices and industrial buildings) using unique micro-data on both commercial property transactions, as well as all firm (establishment) locations. I add to the literature in three important ways....
Persistent link: https://www.econbiz.de/10011508127
The housing market is one of the most important markets in any economy, constituting typically both the most important class of consumption good and the most widely held investment asset. The origin of the Great Recession in the U.S. housing market has shown the importance of linkages between...
Persistent link: https://www.econbiz.de/10011515013
This paper explores the use of remote sensing techniques and hedonic pricing methods for the valuation of urban green amenities and in particular street trees. The classification and study of these amenities in an urban area is challenged by the high level of spatially detailed data required....
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Using the hedonic pricing approach, this paper investigates how contamination and environmental remediation of contaminated sites affects the value of nearby commercial and industrial real estate properties in Italy. In Italy, prices and other relevant information for the study of industrial and...
Persistent link: https://www.econbiz.de/10012172193
This work explores the impact of 'Studentification' of a neighborhood on the profitability of investment in the housing market. The study breaks down the impact of students on the housing market into two areas: apartments for sale and apartments for rent. The Israeli housing market provides the...
Persistent link: https://www.econbiz.de/10012495771
eastern China, our empirical results from both parametric and nonparametric approaches provide strong evidence of spatial …
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