Interurban house price gradient
This paper applies a general spatial equilibrium model to investigate the effect that distance within urban hierarchy can have on interurban house prices. Our spatial model predicts a negative price gradient towards higher-tier cities, which can be decomposed into a ’productivity component’ and an...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Delft University of Technology
2018-12-01
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Series: | A+BE: Architecture and the Built Environment |
Online Access: | https://journals.open.tudelft.nl/abe/article/view/3647 |