The Dynamics of Location in Home Price - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Dynamics of Location in Home Price write by Alan E. Gelfand. This book was released on 2004. The Dynamics of Location in Home Price available in PDF, EPUB and Kindle. It is well established that house prices are dynamic. It is also axiomatic that location influences such selling prices, motivating our objective of incorporating spatial information in explaining the evolution of house prices over time. In this paper, we propose a rich class of spatio-temporal models under which each property is point referenced and its associated selling price modeled through a collection of temporally indexed spatial processes. Such modeling includes and extends all house price index models currently in the literature, and furthermore permits distinction between the effects of time and the effects of location.We study single family residential sales in two distinct submarkets of a metropolitan area and further categorize the data into single-transaction and multiple-transaction observations. We find the spatial component is very important in explaining house price. Moreover, the relative homogeneity of homes within the submarket and the frequency with which homes sell affects the pattern of variation across space and time. Differences between single sale and repeat sale data are evident. The methodology is applicable to more general capital asset pricing when location is anticipated to be influential.
How to Deal with Real Estate Booms
How to Deal with Real Estate Booms - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How to Deal with Real Estate Booms write by Mr.Pau Rabanal. This book was released on 2011-04-01. How to Deal with Real Estate Booms available in PDF, EPUB and Kindle. The financial crisis showed, once again, that neglecting real estate booms can have disastrous consequences. In this paper, we spell out the circumstances under which a more active policy agenda on this front would be justified. Then, we offer tentative insights on the pros and cons as well as implementation challenges of various policy tools that can be used to contain the damage to the financial system and the economy from real estate boom-bust episodes.
Housing Price Dynamics and Their Effects
Housing Price Dynamics and Their Effects - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Housing Price Dynamics and Their Effects write by Weiran Huang. This book was released on 2014. Housing Price Dynamics and Their Effects available in PDF, EPUB and Kindle.
The Dynamics of Property Location
The Dynamics of Property Location - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Dynamics of Property Location write by Russell Schiller. This book was released on 2003-07-13. The Dynamics of Property Location available in PDF, EPUB and Kindle. Why is property located where it is and how has this process changed in recent years? A number of factors such as social change and technological development, have affected location and these are considered. Value, the way changing patterns are measured, is examined and there is a discussion of rent contours. The book considers location in the retail industry, looking at the theory, hierarchy, clustering and dispersal. The move to out of town sites, with its three waves of decentralisation, is described. Central place theory, dating from the 1930s, is discounted as being obsolete and misleading. Finally the book covers offices, industrial and residential property.
The Dynamics of Real Estate Prices
The Dynamics of Real Estate Prices - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Dynamics of Real Estate Prices write by Bradford Case. This book was released on 1988. The Dynamics of Real Estate Prices available in PDF, EPUB and Kindle.
