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The distribution of London residential property prices and the role of spatial lock-in

Auteur(s) et Affiliation(s)

NYGAARD, C.
International Centre for Housing and Urban Economics, School of Economics, Univ., Reading, Royaume-Uni
MEEN, G.
International Centre for Housing and Urban Economics, School of Economics, Univ., Reading, Royaume-Uni


Description :
The paper tests the proposition that housing markets in Inner London exhibit a degree of path dependence, through the construction of a three-equation model, and examines the impact of variables constructed for the 19th and early 20th centuries on modern house prices. These include 19th-century social structures, slum clearance programmes and the 1908 underground network. Each is found to be significant. The tests require the construction of novel historical datasets, which are also described in the paper.


Type de document :
Article de périodique

Source :
Urban studies (Harlow), issn : 0042-0980, 2013, vol. 50, n°. 12, p. 2535-2552, nombre de pages : 18, Références bibliographiques : 2 p.

Date :
2013

Editeur :
Pays édition : Royaume-Uni, Harlow, Longman Group

Langue :
Anglais
Droits :
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