The cost of quality in existing housing: estimates from an implicit markets model

Article Abstract:

Improvements in low income housing can be provided more cheaply by improving existing structures than by either new public construction or the Section 8 existing housing program. This is demonstrated by the use of Rosen's implicit markets approach to estimate the cost of repairing rental units in existing public structures. Allowance is made for inaccurate assessment of the state of repair of the housing and for certain inconsistencies in Rosen's original econometric model.

Methods, Public housing, City planning, Urban planning, Maintenance and repair, Rents (Property)

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Housing consumption and permanent income in developing countries: estimates from panel data in El Salvador

Article Abstract:

This is a study of housing consumption in underdeveloped areas, primarily El Salvador. Elasticity of income is examined in relation to housing development. Nothing is mentioned of death squads and war atrocities which do alter real estate development.

Developing countries, Poor, Urban economics, El Salvador

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The Impact of Site Characteristics on Housing Cost Estimates

Article Abstract:

Microdata is used to develop the relationship of site characteristics to rents and owner-occupied rent estimates. Tract characteristics and public goods are considered. The hedonic estimation process is both appropriate and correct.

Cost (Economics), Costs (Economics)

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