Residential Property Values, the CBD, and Multiple Nodes: Further Analysis

H W Richardson, P Gordon, Jun M-J, E Heikkila, R Peiser and D Dale-Johnson
Additional contact information
D Dale-Johnson: School of Business Administration, University of Southern California, Los Angeles, CA 90089, USA

Environment and Planning A, 1990, vol. 22, issue 6, 829-833

Abstract: In this paper, a hedonic regression model of house prices in Los Angeles County is tested with use of 1970 and 1980 data on dwelling characteristics, neighborhood variables, and measures of accessibility to the central business district and subcenter nodes. Many of the coefficient estimates on the dwelling traits and neighborhood variables are robust, and where coefficients change there are obvious explanations. The most dramatic finding is that the distance to the CBD, with a weak but statistically significant influence in 1970, had no influence by 1980, and its declining role was paralleled by a rise in the spatial pull of several of the subcenters in the region. The tests reveal how the polycentricity of the Los Angeles region evolved during the 1970s.

Date: 1990
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1068/a220829 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:22:y:1990:i:6:p:829-833

DOI: 10.1068/a220829

Access Statistics for this article

More articles in Environment and Planning A
Bibliographic data for series maintained by SAGE Publications ().