Eres : Digital Library : Works

Paper eres2015_113:
The economics of style

id eres2015_113
authors Schilder, Frans; Edwin Buitelaar
year 2015
title The economics of style
source 22nd Annual European Real Estate Society Conference in Istanbul, Turkey
summary In the last decades, many advanced economies have experienced the proliferation of design styles that refer to the past. Some have raised the hypothesis that the willingness to pay for these neo-traditional dwellings is larger than for dwellings with other, more ‘modern’ design styles. Theoretically this is possible in restricted housing markets with imperfect market competition. To our knowledge the existence of price effects for building styles has not been researched yet. This paper reports on a cross-sectional hedonic price analysis of building styles in the Netherlands. We find a significant price premium for neo-traditional architecture.
keywords Housing market, Architecture, Spatial planning
series ERES:conference
type paper session
email f.schilder@asre.nl
content file.pptx (2,622,850 bytes)
discussion No discussions. Post discussion ...
ratings
session Housing Markets & Economics
last changed 2015/07/08 18:06
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