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Title

Neighbourhood attributes and housing prices: An empirical investigation

AuthorsBrañas-Garza, Pablo; Rodero, Javier
KeywordsLocation Choice
Externalities
Housing Prices
Centrifugal and Centripetal Forces
Issue Date9-Jun-2004
SeriesIESA Working Paper Series
WP 14-04
AbstractThis paper explores the effect of neighborhood attributes on housing prices. We first analyze the price that subjects are willing to pay for these attributes and second, how this neighborhood variables are distributed within the city. Using both the demand and the spatial supply of these variables we evaluate the spatial evolution of housing prices. Results indicate that neighborhood amenities influence the distribution of housing prices within the city.
URIhttp://hdl.handle.net/10261/2096
Appears in Collections:(IESA) Informes y documentos de trabajo
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