Konferenzbeitrag

A Selection Model of Hedonic House Values and Rents

We use a large repeated cross-section of houses to estimate a selection model of the supply of owner-occupied and rental housing. We find that physical characteristics and unobserved heterogeneity and not location are important for selection. We interpret this as strong evidence in favor of contracting frictions in the rental market relating to maintenance and modification of a dwellings physical characteristics.

Language
Englisch

Bibliographic citation
Series: 55th Congress of the European Regional Science Association: "World Renaissance: Changing roles for people and places", 25-28 August 2015, Lisbon, Portugal

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Halket, Jonathan
Nesheim, Lars
Oswald, Florian
Event
Veröffentlichung
(who)
European Regional Science Association (ERSA)
(where)
Louvain-la-Neuve
(when)
2015

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Halket, Jonathan
  • Nesheim, Lars
  • Oswald, Florian
  • European Regional Science Association (ERSA)

Time of origin

  • 2015

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