Effect Of Environment On Housing Prices
DOWNLOAD
Download Effect Of Environment On Housing Prices PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Effect Of Environment On Housing Prices book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Effect Of Environment On Housing Prices
DOWNLOAD
Author : 王冠元
language : en
Publisher:
Release Date : 2021
Effect Of Environment On Housing Prices written by 王冠元 and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
Time Varying Effects Of Housing Attributes And Economic Environment On Housing Price
DOWNLOAD
Author : Marina Friedrich
language : en
Publisher:
Release Date : 2023
Time Varying Effects Of Housing Attributes And Economic Environment On Housing Price written by Marina Friedrich and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
We propose a flexible framework that allows for the relationship between housing prices and their determinants to vary over time. Our model incorporates housing-specific characteristics and macroeconomic variables, while accounting for a gradual global trend that reflects the unobserved external environment. We estimate the trend and coefficient curves by local linear estimation and propose a bootstrap procedure for conducting inference. By employing monthly data from the Dutch housing market, covering 60 municipalities from 2006 to 2020, the proposed models show the capability to accurately describe the comovements of housing prices. Our results show strong statistical evidence of time variation in the effects of housing attributes and macroeconomic variables on prices throughout the entire sample period, revealing that the unemployment rate plays a crucial role between approximately 2012 and 2017. The extracted latent global trend reveals a significant influence of the economic environment and takes the shape of a leading indicator of the property market index. Moreover, we find that both the housing characteristics and the external environment explain comparably high proportions of the variation in housing prices, which stresses the importance of including both components in empirical analyses.
Valuing The Built Environment
DOWNLOAD
Author : Scott Orford
language : en
Publisher: Routledge
Release Date : 2017-09-08
Valuing The Built Environment written by Scott Orford and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-08 with Science categories.
This book critically assesses the hedonic pricing technique as a method of imputing monetary values for the implicit attributes of housing. The hedonic technique is widely used, particularly in the US, but increasingly in Europe and Asia and has proved to yield important results and influence cost-benefit analysis. Scott Orford breaks new ground in this volume by exploring hedonic house price models within a geographical rather than purely economic context. He reevaluates the microeconomic theory of housing markets and concludes that only by treating housing market dynamics as inherently spatial can empirical results conform to the theory that underpins them. He also makes conclusions with respect to locational externalities, which have important implications as to how the built environment is valued.
Environmental Regulations And Housing Costs
DOWNLOAD
Author : Arthur C. Nelson
language : en
Publisher: Island Press
Release Date : 2012-06-22
Environmental Regulations And Housing Costs written by Arthur C. Nelson and has been published by Island Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-22 with Architecture categories.
Many communities across the nation still lack affordable housing. And many officials continue to claim that “affordable housing” is an oxymoron. Building inexpensively is impossible, they say, because there are too many regulations. Required environmental impact statements and habitat protection laws, they contend, drive up the costs of construction. But is this actually true? In a comprehensive study of the question, the authors of this eye-opening book separate fact from myth. With admirable clarity, they describe the policy debate from its beginning, review the economic theory, trace the evolution of development regulation, and summarize the major research on the topic. In addition, they offer their own research, accompanied by a case study of two strikingly different Washington, D.C., suburbs. They also include results of focus groups conducted in Dallas, Denver, and Tucson. The authors find that environmental regulatory costs—as a share of total costs and processes—are about the same now as they were thirty years ago, even though there are far more regulations today. They find, too, that environmental regulations may actually create benefits that could improve the value of housing. Although they conclude that regulations do not appear to drive up housing costs more now than in the past, they do offer recommendations of ways in which the processes associated with regulations—including review procedures—could be improved and could result in cost savings. Intended primarily for professionals who are involved in, or impacted by, regulations—from public officials, planners, and engineers to housing developers and community activists—this book will provide useful insights and data to anyone who wants to know if (and how) American housing can actually be made “affordable.”
The Effects Of Land Use Controls On Housing Prices
DOWNLOAD
Author : Lawrence F. Katz
language : en
Publisher:
Release Date : 1980
The Effects Of Land Use Controls On Housing Prices written by Lawrence F. Katz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Housing categories.
"The major portion of this paper examines the impacts on housing costs of the most important types of land-use, environmental, and construction regulations - zoning, subdivision controls, growth management techniques, building codes, and environmental regulations - by reviewing the literature and presenting some simple theoretical models. A final section of this paper presents some initial empirical results of the author's research on the impact of local land-use regulations on land and housing costs in California."--Page 3
Impact Of Housing Market Concentration On Housing Environment
DOWNLOAD
Author : Kwok-Chung Mok
language : en
Publisher:
Release Date : 2017-01-26
Impact Of Housing Market Concentration On Housing Environment written by Kwok-Chung Mok and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-26 with categories.
Hedonic Methods In Housing Markets
DOWNLOAD
Author : Andrea Baranzini
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-09-20
Hedonic Methods In Housing Markets written by Andrea Baranzini and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-20 with Business & Economics categories.
Cities are growing worldwide and their sprawl is increasingly challenged for its pressure on open spaces and environmental quality. Economic arguments can help to decide about the trade-off between preserving environmental quality and developing housing and business surfaces, provided the benefits of environmental quality are adequately quantified. To this end, this book focuses on the use and advancement of the “hedonic approach”, an economic valuation technique that analyses and quantifies the sources of rent and property price differentials. Starting from theoretical foundations, the hedonic approach is applied to the valuation of natural land use preservation and noise abatement measures, as well as to residential segregation and discrimination, extending the analysis to the role of the buyers and sellers' identity on housing market prices and to the issue of environmental justice.
Modelling The Socio Economic Implications Of Sustainability Issues In The Housing Market
DOWNLOAD
Author : Solomon Pelumi Akinbogun
language : en
Publisher: Springer Nature
Release Date : 2020-07-18
Modelling The Socio Economic Implications Of Sustainability Issues In The Housing Market written by Solomon Pelumi Akinbogun and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-18 with Business & Economics categories.
This book discusses sustainable housing issues in urban areas throughout the Global South, revealing their complexity in terms of urban dynamics, housing markets and human interactions with the environment. Its main focus is on the location of graves within private residences, cemeteries in the immediate vicinity of private residences, and the implications of these factors for renters’ choices and rents. The book addresses the economics of land use for graves in connection with housing choices and the implications for the rented sector of the property market. By means of several model-based simulations, it demonstrates that the neoclassical economics remedy to the negative externality of graves in or near private residences remains generally unacceptable. Providing readers with a clear understanding of tenants’ priorities in their choice of housing, as well as a new approach to the negative externality of graves in the rented sector, the book will be of interest to policymakers, urban planners, investors in residential housing and land economists alike.
Environmental Impact Review And Housing
DOWNLOAD
Author : Frederick E. Case
language : en
Publisher: Greenwood
Release Date : 1982
Environmental Impact Review And Housing written by Frederick E. Case and has been published by Greenwood this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Political Science categories.
Exploring The Spatial Distribution And Influential Factors Of Housing Price In High Density Urban Environment
DOWNLOAD
Author : Wenzheng Li
language : en
Publisher:
Release Date : 2018
Exploring The Spatial Distribution And Influential Factors Of Housing Price In High Density Urban Environment written by Wenzheng Li and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
Using 16126 second-hand commercial housing samples collecting by web-crawl program in Beijing, China, this study develops traditional hedonic price model and spatial econometric models to quantitatively evaluate influential factors of housing prices in terms of housing structure, environmental and locational factors. Results show that locational factors, such as accessibility to subway, CBDs and schools, outperform other non-spatial factors as 6 locational variables explain 64% of variance. Most of housing structure variables have expected sign except floor position which manifests Beijing customers prefer middle floor. This finding does not agree with the evidence from southern Chinese cities where high floor charges higher price. We convince that this idiosyncrasy of Beijing reflects customers’ concern to safety during disasters such as earthquake and fire. Results also demonstrate customers’ desire to higher green ratio within community and closer distance to parks. We develop a feasible methodology for acquiring accurate NDVI in urban environment and test its validity in Beijing for the first time. We also demonstrate the existence of spatial error and spatial lag dependence in Beijing housing price using Lagrange Multiplier and successfully eliminate spatial dependence using spatial error (SEM) and spatial lag Model (SLM). The comparison of OLS and SEM suggests that OLS has overestimated the capitalization of housing structure and educational factors, whereas underestimated the effects of environmental, transportation and commute factors. The significant Rho (74.88%) in SLM model demonstrates the spatial spill-over effects caused by the interaction of nearby housing price and this effect is greater than other Chinese cities, such as Chengdu (Rho=19.2%) and Hangzhou (Rho=45.7%). This phenomenon can be partially explained by the potential speculation and booming of Beijing housing market. Key Words: web-crawl program; hedonic price model; spatial regression; spatial autocorrelation; spatial spill-over effect.