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Diese Dissertation besteht aus drei Beiträgen zur Immobilien-Ökonomie und Immobilien-Finanzwirtschaft mit einem Fokus auf die räumliche Struktur und den Landmarkt. Im ersten Beitrag werden fünf lineare hedonische Modell auf den Mietwohnungsmarkt angewendet. Die fünf Modelle unterscheiden...
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The value of land is determined by the locations' attractiveness and the degree of regulation. When land regulations are binding, e.g. when a restriction on the maximum floor area ratio exists, the best use land price can be directly expressed as a function of the maximum floor area ratio and...
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This paper examines the predictive power of five linear hedonic pricing models for the residential market with varying complexity in their spatial and temporal structure. In contrast to similar studies, we extend the out-of-sample forecast evaluation to one-day-ahead predictions with a rolling...
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