Willingness to pay for accessibility under the conditions of residential segregation
The hypothesis that different income groups have different willingness to pay for accessibility to the city centre is based on the standard monocentric model. This hypothesis is empirically tested with accessibility attributes in a hedonic model of apartment prices in the suburbs of the city of Lyo...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gedinimas Technical University
2014-06-01
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Series: | International Journal of Strategic Property Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/IJSPM/article/view/3451 |