In this paper, we construct a quality-adjusted rent index for the office market in Oslo. Commonly used rent indices are … explanatory power increases considerably. Furthermore, indices controlling for micro-location portray a different picture of rent … developments than indices that do not take this into account. We also document a considerable rent premium for proximity to a metro …

the density bias of price-to-rent ratios in levels and trends, within and between cities. Our method lends itself to the … creation of comparable neighborhood-level qualified rent indices (Mietspiegel) across Germany. …