| 来源类型 | Working Paper |
| 规范类型 | 论文 |
| Residential land values in the Washington, DC metro area: New insights from big data | |
| Morris A. Davis; Stephen D. Oliner; Edward J. Pinto; Sankar Bokka | |
| 发表日期 | 2017-06-09 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | Abstract We use a new property-level data set and an innovative methodology to estimate the price of land from 2000 to 2013 for nearly the universe of detached single-family homes in the Washington, DC metro area and to characterize the boom-bust cycle in land and house prices at a fine geography. The results show that land prices were more volatile than house prices everywhere, but especially so in the areas where land was inexpensive in 2000. We demonstrate that the change in the land share of house value during the boom was a significant predictor of the decline in house prices during the bust, highlighting the value of focusing on land in assessing house-price risk. Read the working paper here. |
| 主题 | Housing Center ; Housing Finance |
| 标签 | AEI Center on Housing Markets and Finance ; Housing Center: Research ; mortgage ; What to Do: Policy Recommendations on Housing |
| URL | https://www.aei.org/research-products/working-paper/residential-land-values-in-the-washington-dc-metro-area-new-insights-from-big-data/ |
| 来源智库 | American Enterprise Institute (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/207362 |
| 推荐引用方式 GB/T 7714 | Morris A. Davis,Stephen D. Oliner,Edward J. Pinto,et al. Residential land values in the Washington, DC metro area: New insights from big data. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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