Spatial estimation of housing prices and locational rents
This work stems from the widely accepted hypothesis that housing price is determined by two types of characteristic: structural and locational. Under this hypothesis, a methodology is presented for the spatial estimation of housing prices
The sale of housing creates a dynamic inconsistency problem for residential developers, who find it profit-maximising to overdevelop an area once ownership has been transferred to local residents. Rational buyers lower the prices they are willing
to pay in expectation of this future congestion. It is therefore in the developers'interest to attract higher prices by credibly precommitting themselves to construction plans that are optimal for each housing tract.
Genève ; Hedonistic model ; Housing ; Housing policy ; Price fixing ; Rent control ; Rented market ; Switzerland ; Utility fonction
by considering his rental revenue. It appears that the subsidy system in Geneva has an influence on the pricing of each characteristic of a unit. It matches the goals of agents on both the demand ans supply sides.
Countryside ; Economic efficiency ; Hedonistic model ; Nevada ; Price fixing ; United States of America ; Utility fonction ; Water ; Water economics ; Water use
of water services on the optimum utilization of inputs. Allocative distortions are introduced through shadow prices.
Factor of production ; Input-output model ; Location ; Price fixing ; Probability ; Production fonction ; Profit maximization ; Spatial economy ; Spatial equilibrium
are derived in a form guaranteeing compliance with a probabilistic accounting framework, calibrated on observed quantities, costs and prices. Various classical production functions are used.
into public housing areas through the large-scale provision of rooms for rent and limited exchange of houses. Explanations for trends in property development and prices are sought.
Agriculture ; European part of Russia ; Farm ; Kostroma ; Land ; Landed estate ; Market ; Price fixing ; Property right ; Spatial allocation ; Taxation system