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Recent research shows that urban heritage can be an important factor of residential location choice, and that especially highly educated households are attracted by the presence of cultural heritage. In this paper, we use a location choice model to investigate the attractiveness of neighborhood...
Persistent link: https://www.econbiz.de/10011553821
Local amenities are an important factor in the location choice of households. Heterogeneity in preferences of households tends to sort households over different locations which satisfy best their preferences given their constraints. In this paper, we analyze the effect of cultural heritage on...
Persistent link: https://www.econbiz.de/10011543251
Proximity to water is appreciated by households. Hedonic analyses that try to measure the value of this amenity are potentially biased by omitted variables as locations close to the water may be selected by households with higher incomes who construct more luxury houses. Since it is difficult to...
Persistent link: https://www.econbiz.de/10011492472
Human capital is a fundamental factor for every major urban agglomeration in modern-day society and economy. Urban amenities facilitate face to face contact both for pleasure and for productivity. Hence, the aim of this paper is to investigate the relationship between these amenities and the...
Persistent link: https://www.econbiz.de/10011514671