Internet-based hedonic indices of rents and prices for flats: Example of Berlin

In this paper, we suggest to estimate the home rents and prices in German regions/cities using the data from Internet ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to construct the quality-adjusted rent and price indices using the hedonic approach. The results can be applied both for investigating the dynamics of rents/prices and for examining their distribution by city districts or regions.

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Year of publication:	2012
Authors:	Kholodilin, Konstantin A. ; Mense, Andreas
Publisher:	Berlin : Deutsches Institut für Wirtschaftsforschung (DIW)
Subject:	Internet ads \| home rents \| home prices \| German regions \| Berlin \| hedonic approach

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Series:	DIW Discussion Papers ; 1191
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	722249993 [GVK] hdl:10419/61399 [Handle] RePEc:diw:diwwpp:dp1191 [RePEc]
Classification:	C21 - Cross-Sectional Models; Spatial Models ; O47 - Measurement of Economic Growth; Aggregate Productivity ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	EconStor

Persistent link: https://www.econbiz.de/10010287311