Showing 1 - 10 of 83
Different types of taxation include the market value of housing or housing returns in their tax base, making it essential to obtain accurate and up-to-date assessments of property values. However, to value residential property represents a major challenge for tax administrations due to...
Persistent link: https://www.econbiz.de/10015195433
In South Africa various financial institutions and independent vendors have developedresidential property valuation models to estimate the current value of historically tradedproperties. A natural extension to these models has been to develop historical property priceindices. In this...
Persistent link: https://www.econbiz.de/10009456142
Standard measures of consumer price inflation are based on a bundle of representative goods. It is well known that this approach might overstate inflation for new products and products with fast increasing quality. For this reason, hedonic adjustment methods have been proposed and introduced in...
Persistent link: https://www.econbiz.de/10010297266
This thesis assesses the methods for pricing heterogeneous assets, with specific examination of the Australian residential real estate market. Each of the three primary methods for controlling for heterogeneity in residential real estate pricing research – median-price analysis, hedonic...
Persistent link: https://www.econbiz.de/10009480044
Market value predictions for residential properties are important for investment decisions and the risk management of households, banks, and real estate developers. The increased access to market data has spurred the development and application of Automated Valuation Models (AVMs), which can...
Persistent link: https://www.econbiz.de/10010331112
Supply subsidies to owners of rental housing construction are typically aimed at increasing the overall size of the housing stock or at guaranteeing affordable housing for low-income households. This paper studies whether and how much the tenants of social housing units benefit from this...
Persistent link: https://www.econbiz.de/10011397512
Individual sales prices and local vacancy rates in the housing market pose a natural analogy to the wage curve, a popular concept in labor economics that describes how individual wages decrease with higher local unemployment. While housing search and matching models and housing externalities...
Persistent link: https://www.econbiz.de/10011571075
Purpose The purpose of this paper is to present the formulation of the first exhaustive price index for Argentinian (and other Latin American countries) visual artists using 5,069 works sold in auctions by 71 Argentinian artists during the years 1980-2014. Design/methodology/approach The authors...
Persistent link: https://www.econbiz.de/10014677204
Purpose Traditionally, early-stage investment decisions on buildings purely based initial capital costs and simply ignored running costs and total lifecycle cost. This was basically due to the absence of estimating models that yield running costs at the early design stage. Often, when the design...
Persistent link: https://www.econbiz.de/10014677938
Purpose The purpose of this paper is to construct a price index for Chinese oil paintings and analyze the financial performance of investing in Chinese oil paintings and its potential for portfolio diversification in Chinese financial markets. Design/methodology/approach A hedonic regression...
Persistent link: https://www.econbiz.de/10014694530