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Determinants of real estate values

Grether, David M. and Mieszkowski, Peter (1974) Determinants of real estate values. Journal of Urban Economics, 1 (2). pp. 127-145. ISSN 0094-1190. doi:10.1016/0094-1190(74)90013-8.

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In this paper we present some empirical results on the determinants of real estate values in the New Haven metropolitan area. We attempt to explain housing values using information on the physical characteristics of the house and on some features of the neighborhood in which the house is located. In the latter category we are primarily interested in those features of neighborhoods which can be influenced or controlled by local governments. Determining provisions of zoning codes (or granting variances), routing traffic, allocating services (street sweeping, education, fire protection, etc.) are examples of governmental activities which may affect the nature of neighborhoods. Specific policy changes are frequently advocated or opposed on the grounds of protecting property values so it seems worthwhile to attempt to measure the magnitudes of these effects.

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Additional Information:© 1974 Academic Press. Received January 17, 1973. The research reported on in this paper was supported by a grant from the National Science Foundation to the Institute for Social Sciences at Yale University and by grants from the National Science Foundation and the Ford Foundation to the Cowles Foundation for Research in Economics at Yale University. Originally issued as Social Science Working Paper 28.
Group:Social Science Working Papers
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Yale Institute for Social ScienceUNSPECIFIED
Cowles Foundation for Research in EconomicsUNSPECIFIED
Ford FoundationUNSPECIFIED
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Social Science Working Paper28
Issue or Number:2
Record Number:CaltechAUTHORS:20171207-132931967
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:83731
Deposited By: Jacquelyn Bussone
Deposited On:22 Dec 2017 00:31
Last Modified:15 Nov 2021 20:13

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