Reducing the Cost of Corporate Employee Relocation

Mark G. Dotzour and Donald R. Levi
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Mark G. Dotzour: Department of Finance, Real Estate and Decision Sciences The Wichita State University Wichita, Kansas 67208-1595, http://www.twsu.edu/~finance/
Donald R. Levi: Department of Finance, Real Estate and Decision Sciences The Wichita State University Wichita, Kansas 67208-1595, http://www.twsu.edu/~finance/

Journal of Real Estate Research, 1989, vol. 4, issue 3, 157-168

Abstract: Over 400 corporate relocation transactions from forty-one states were examined to identify factors affecting variable relocation costs. Analysis of covariance disclosed that corporate relocation costs could be significantly reduced over time by not remodeling substandard properties, fully evaluating the impact of local/regional economic conditions on market value, and adopting policies encouraging employees to purchase homes without swimming pools and homes with smaller lots.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1989
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