Affiliation:
1. University of Aberdeen
Abstract
The paper examines the implicit assumptions made in hedonic studies of urban house prices. It is apparent that the technique can only be applied to city wide cross section analysis when sample data is capable of meaningful disaggregation. Previous uses of the technique are examined and it is suggested that the methodology is inappropriate for testing hypotheses derived from spatial residential models. Possible avenues of development for house price research are outlined.
Subject
Urban Studies,Environmental Science (miscellaneous)
Cited by
101 articles.
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