Compatibility and Pricing with Indirect Network Effects: Evidence from ATMs [PDF]
Incompatibility in markets with indirect network effects can affect prices if consumers value "mix and match" combinations of complementary network components. In this paper, we examine the effects of incompatibility using data from a classic market with
Christopher R. Knittel, Victor Stango
core +3 more sources
Dutch dilemma: Housing prices and flood risk exposure
Abstract This article studies the impact of flood risk exposure on housing prices in a major river delta. Analyzing 1.8 million property transactions from 1998 to 2023 in the Netherlands, we find an average price discount of 1.1%. We observe considerable heterogeneity in price effects driven by exposure intensity, institutional settings that vary ...
Piet Eichholtz +2 more
wiley +1 more source
Explainable spatial machine learning for hedonic real estate modeling
Abstract Accurately modeling rents and prices is a key challenge in real estate analysis. Traditional linear models may fail to capture complex non‐linear relationships, and spatial dependencies are often ignored in existing machine‐learning approaches.
Tim Gyger +5 more
wiley +1 more source
The fibre broadband housing premium across three US States
This paper meshes 1.7 million housing transactions across three US states (Iowa, Minnesota and Texas) between 2015 and 2021 with data on broadband infrastructure to evaluate the impact of fibre broadband availability on home prices.
Brian Whitacre
doaj +1 more source
An Empirical Examination of Traditional Neighborhood Development [PDF]
This study analyzes the impact of the new urbanism on single-family home prices. Specifically, we explore the price differential that homebuyers pay for houses in new urbanist developments relative to houses in conventional suburban developments.
Eppli, Mark, Tu, Charles C
core +1 more source
Hurricane‐induced risk contagion in commercial real estate: Evidence from Hurricane Sandy
Abstract This study examines how hurricane‐induced destruction affects the prices of nearby undamaged commercial real estate properties, using Hurricane Sandy as a natural experiment. Using Real Capital Analytics transaction records spatially merged with Federal Emergency Management Agency building‐level damage data, we empirically employ a difference ...
Lu Fang +3 more
wiley +1 more source
Keragaman Spasial Faktor-faktor Penentu Harga Jual Rumah di Kota Depok
Pembangunan kawasan perumahan menjadi primadona di Kota Depok mengingat letaknya yang strategis sebagai kota satelit Jakarta dengan fasilitas yang relatif memadai. Sebagai dampaknya, terjadi lonjakan penduduk yang terus meningkat.
Arie Fikri +2 more
doaj +1 more source
How much are you willing to pay to avoid lockdowns? Evidence from the real estate market
Abstract In response to the COVID‐19 pandemic, numerous countries implemented lockdowns. In Victoria, Australia, a unique two‐tier system was employed, segregating areas with a Ring of Steel boundary and imposing additional restrictions within. This study focuses on the impact of lockdowns on housing prices and rents, exploring whether people are ...
Jian Liang, Chyi Lin Lee, Qiang Li
wiley +1 more source
The Paris OECD-IMF Workshop on Real Estate Price Indexes: Conclusions and Future Directions [PDF]
The paper summarizes the main ideas suggested in OECD-IMF Workshop on Real Estate Price Indexes which was held in Paris, November 6-7, 2006. The paper discusses possible uses and target indexes for real estate price indexes and notes that a major problem
Diewert, Erwin
core
Structural change in the US office market after 2019: Evidence from lease‐level data
Abstract This article examines how the leasing activities, contract features, and pricing of the Class A office leasing market have evolved since 2019 across five major US markets: Los Angeles, the Bay Area, Dallas, Washington, DC, and New York City. Using a granular dataset of 73,508 office leases from 2010 to 2024, we find a broad‐based contraction ...
Liang Peng, Xue Xiao
wiley +1 more source

