The rented sector of the housing market is a key concern for policies trying to improve dwelling-level energy efficiency levels. Currently, stepping up energy efficiency levels in the residential sector is hindered by a number of uncertainties. For rental properties, this is complicated by the...

This study sets out to discuss and test the potential risk factors of energy efficiency retrofits. It reviews both the short- and long-term assumptions regarding the various uncertainties associated with input parameters to assess their potential effect on outcomes predicted by conventional...

Despite extensive empirical evidence of the economic and financial benefits of green buildings, energy retrofit investments in existing buildings have not reached widespread adoption.This paper empirically estimate returns to energy retrofit investments for multifamily and commercial buildings...

The rapid growth of house prices in many fast-growing economic regions has proven difficult to explain by existing economic theories. Large scale models have proven especially difficult to apply to explain pricing differences between micro-locations. This research provides a model of spatial and...

Improving the energy efficiency levels of housing is of particular concern in the private rental market where capital costs and subsequent utility cost savings are not shared in equal measure by landlords and tenants. This problem is particularly pronounced in Germany where rental properties...

A number of countries have experienced remarkably high growth rates in house prices since the Global Financial Crisis. This paper investigates the macroeconomic drivers of house prices in Israel, the OECD country with the highest growth rate, and tests for divergence of observed prices from...

Using a unique transaction database of condominiums in the Tokyo metropolitan area and a hedonic analytical framework, we find that eco-labelled buildings command a small but significant premium on both the asking and transaction prices. This finding is consistent with results from other...

This study investigates how the energy efficiency ratings mandated by the European Union affect house prices. Using a sample of several thousand apartment transactions from Helsinki, Finland, we test whether higher ratings were significantly associated with higher prices. In addition to a large...

Anecdotal evidence suggests that clout and connections matter more in private equity fundraising than actual performance. In this paper, a unique real estate private equity (REPE) dataset with buy-side and sell-side information is created by the authors to construct and analyze stacked...

This paper investigates the price effect of EPC ratings on the residential dwelling prices in Wales. It examines the capitalisation of energy efficiency ratings into house prices using two approaches. The first adopts a cross-sectional framework to investigate the effect of EPC band (and EPC...