Showing 1 - 10 of 243
Persistent link: https://www.econbiz.de/10003325676
Persistent link: https://www.econbiz.de/10006872022
The commercial prospects of speculative housebuilders depend crucially on successful land acquisitions. This paper presents new evidence revealing the importance housebuilders attach to networks with other important actors in securing future land supplies. Since networks depend on trust,...
Persistent link: https://www.econbiz.de/10011278289
This paper addresses the structural change in a local urban housing market within a submarket framework. There is a voluminous literature examining the economic structure and operation of urban housing submarkets, with much of the associated empirical work based on static cross-sectional...
Persistent link: https://www.econbiz.de/10005595409
Most conceptual and applied economic models of the structure of urban office markets have been developed from traditional location theory. In their basic form, these models tend to posit a trade-off between accessibility and space. In the light of changing business practices and...
Persistent link: https://www.econbiz.de/10010827158
Much of the housing sub-market literature has focused on establishing methods that allow the partitioning of data into distinct market segments. This paper seeks to move the focus on to the question of how best to model sub-markets once they have been identified. It focuses on evaluating the...
Persistent link: https://www.econbiz.de/10011135206
Persistent link: https://www.econbiz.de/10007808519
In this paper, it is argued that neo‐classical location theory is of limited value in conceptualising the structure of urban office markets. Rather there are sound theoretical and technical arguments for segmenting office markets into distinct submarkets. It is further argued that submarkets,...
Persistent link: https://www.econbiz.de/10014898001
This paper argues that the methods of constructing house price indices for UK markets lag behind those employed in Europe, Australasia and North America. This is particularly evident in terms of the range and level of technical sophistication of the index construction methodologies. Importantly,...
Persistent link: https://www.econbiz.de/10014898011
Typically, studies of the occupiers' choice of office property have focused on the influence of location. Following the standard behavioural assumptions of neo‐classical economics, the firm is assumed to make the rational profit‐maximising decision on the basis of full information. All firms...
Persistent link: https://www.econbiz.de/10014898074