THE NATURE OF HOUSING SUBMARKETS

Gwilym Pryce

ERES from European Real Estate Society (ERES)

Abstract: The housing submarkets literature has continued to grow but somewhat unevenly. It is typically atheoretical, concentrating on innovations in empirical methods for boundary identification and hedonic regression refinement. This paper aims to provide the first step towards the development of a taxonomy of submarkets based on six criteria: existence, dimensionality, spatiality, continuity, granularity/convexity, and stability. Consideration of these issues will, it is hoped, deepen and enrich our understanding of what we mean by housing market segmentation.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2008-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2008-230 (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:arz:wpaper:eres2008_230

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().