Showing 1 - 10 of 245
Persistent link: https://www.econbiz.de/10012299271
This paper exploits the homogeneity feature of the Singapore private residential condominium market and constructs matched home purchase price and rental price series using the repeated sales method. These matched series allow us to conduct time series analysis to examine the long-term present...
Persistent link: https://www.econbiz.de/10011480909
We use a large repeated cross-section of houses to estimate a selection model of the supply of owner-occupied and rental housing. We find that physical characteristics and unobserved heterogeneity and not location are important for selection. We interpret this as strong evidence in favor of...
Persistent link: https://www.econbiz.de/10011478828
Persistent link: https://www.econbiz.de/10011717655
Spatial homogeneity is a strong assumption in the hedonic housing price context; if not analyzed conveniently it can be a potential source of specification errors. Spatial heterogeneity occurs when a territorial segmentation exists in the housing market and, therefore, either the hedonic prices...
Persistent link: https://www.econbiz.de/10011506406
We study neighbourhood externalities caused by large public investments in poor neighbourhoods. A stylised theory of a linear city is proposed to guide interpretation of the magnitude and attenuation of the external effects generated by these public investments. We use a large Dutch nationwide...
Persistent link: https://www.econbiz.de/10011537982
for rent. The Israeli housing market provides the data for the empirical analysis. The market is different from other … neighborhood) will be willing to pay a higher rent and landlords will be willing to pay more for a house. A contrary argument is … that students are poorer than the average population. Their willingness to pay for rent is lower, and the landlords will …
Persistent link: https://www.econbiz.de/10012495771
The goal of this paper is to link models of urban formations (urban studies) with models of housing rent. While housing … makes it necessary to understand the issue of ownership in land rent. This is a complex collective phenomenon with …
Persistent link: https://www.econbiz.de/10011555816
I estimate the impact of market-rate new housing supply on the local rent distribution. As an exogenous shifter of new … new housing supply shift the rent distribution as a whole, suggesting that market-rate new housing supply effectively …
Persistent link: https://www.econbiz.de/10012426635
This article investigates the effect of short-term rental platforms on the housing market, using the explosive growth of Airbnb experienced in Berlin as a case study. To identify a causal effect, I exploit the structure of Airbnb in Berlin and combine a hedonic housing model with a Triple...
Persistent link: https://www.econbiz.de/10012436256