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Subdivision vintage and housing prices : do home buyers value traditional development

Auteur(s) et Affiliation(s)

BITTER, C.
Dept. of Urban Design and Planning, Univ. of Washington, Seattle, Etats-Unis


Description :
This article focuses on the market for ‘traditional’ development itself, defined as subdivisions rec-orded prior to World War II, in the sprawling Tucson, Arizona. The results of the hedonic analysis demonstrate that home buyers value the features embodied in traditional development, as homes in subdivisions platted before 1940 command premiums over those in their modern counterparts. Moreover, it finds that that the premiums have increased through time, which suggests growing de-mand for traditionally designed subdivisions.


Type de document :
Article de périodique

Source :
Urban studies (Harlow), issn : 0042-0980, 2014, vol. 51, n°. 5, p. 1038-1056, nombre de pages : 19, Références bibliographiques : 1 p.

Date :
2014

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

Langue :
Anglais
Droits :
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