We extend the literature on the impact of externalities by utilizing an approach based on a hybrid of hedonic and repeat-sales methods. The repeat-sales method is superior to the hedonic method when some of the key property attributes are unavailable and when the analyst can be confident that...

ERES:conference

Notions of housing affordability concept are at the heart of debates about access to home ownership, housing finance and social policies globally. The existing housing affordability literature mostly focuses mainly on developed countries. Housing affordability problem in emerging countries are...

Many challenges currently face those operating in the retail sector. In the UK, where city centres form the focus for the majority of retail activity and investment, policy intervention is restricting growth outside this central area. This is forcing those responsible for the planning and...

The construction of housing markets, mediated by estate agents, is changing. The ‘information age’ has witnessed widespread changes to personal intermediation across many business sectors (e.g. holiday sales and insurance brokerage), yet estate agents continue to be extensively involved....

In this paper we are concerned with the relationship between the government’s supply-side policies, including development control regimes, and the performance of the retail property market. It is argued that the regulatory environment impacts on the prices paid by both users and owners of...