House Age, Price and Rent: Implications from Land-Structure Decomposition
Big cities often witness land price outgrowing structure price. For such cities this paper derives two predictions regarding the dynamics between house prices, rent and structure age. First, older houses have a higher price growth rate than younger ones, even after controlling for location and other...
| Main Authors: | , , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Springer US
2018
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| Online Access: | http://hdl.handle.net/1721.1/115554 |