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This is a STATA do file which produces a vector of localized neighborhood market conditions in the paper "Why Do Vacant Houses Sell for Less: Holding Costs, Bargaining Power, or Stigma?" by G.K. Turnbull and Velma Zahirovic-Herbert
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This paper introduces Nash bargaining into a search model in order to identify various channels through which vacancy affects selling price and liquidity in the resale market for houses. The model shows the various vacancy effects in the form of greater seller holding cost, lower seller...
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Historic property designations have been lauded for spurring renovation beyond the historic structures themselves through positive externalities in surrounding neighborhoods. Previous historic district research focuses on whether historic designation results in a price premium. This paper takes...
Persistent link: https://www.econbiz.de/10013072187
When house sellers reach the end of a listing contract without a sale they are faced with several decisions. A seller who wants to continue to market the property can leave it on the market, relist the property immediately, or take it off the market for a period of time before relisting it....
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This paper develops an empirical framework for taking into account the effects of endogenous liquidity on price capitalization estimates. Changes in school attendance zones in the East Baton Rouge Parish public school district provide a natural experiment for studying how changes in school...
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