Some Factors Explaining Variations in Rents of Downtown Apartments for 49 Cities of the World

Paul K. Asabere and Carl McGowan
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Paul K. Asabere: Bentley College, Waltham, Massachusetts, 02254
Carl McGowan: Bentley College, Waltham, Massachusetts, 02254

Urban Studies, 1987, vol. 24, issue 4, 279-284

Abstract: There exists a substantial variation in apartment rents between cities of the world. Several factors must contribute to inter-city variations in rents. This paper presents an empirical identification and measurement of some of the relevant factors explaining the variations in rents between a sample of forty-nine cities. The results of our empirical analysis show that the variables which explain inter-city variations in rents are: population size, costs of public and private intra-urban transport, tax assessments, and social insurance contributions.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:24:y:1987:i:4:p:279-284

DOI: 10.1080/00420988720080451

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