| Autor: |
Fields, Terry J., Earhart, Carla, Tung Liu, Campbell, Howard |
| Předmět: |
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| Zdroj: |
Housing & Society; 2013, Vol. 40 Issue 1, p39-58, 20p |
| Abstrakt: |
This paper presents a hedonic model for off-campus student housing. Implicit values for select structural and locational characteristics were estimated, with a special emphasis on proximity to campus. Variable data for six university markets were collected with results indicating a nonlinear relationship between rent and distance from the academic center of campus. Within one mile of campus, there was a significant premium for proximity (16.3%), but between one and four miles from campus, the marginal value leveled off before decreasing again beyond the four mile mark (13% discount). This study adds to a limited collection of student housing research for today's investors and developers making multi-million dollar decisions. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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