Housing Prices in Master-Planned Communities
Are There Premiums? The Evidence for Colon County, Texas, 1980–1991
Bibliographic Data
| ID | 11670287 |
|---|---|
| Authors | Emmanuel Alexandrakis (The University of Texas at Dallas, corresponding author), Brian J L Berry (The University of Texas at Dallas) |
| Year | 1994 |
| Volume | 15 |
| Issue | 1 |
| Pages | 9-24 |
| Publication date | 1994-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Urban Geography (JOURNAL) |
| Journal identifiers | ISSN: 0272-3638 • E-ISSN: 1938-2847 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.2747/0272-3638.15.1.9 |
| OpenAlex | W2085132016 |
| Language | EN |
| References cited | 15 |
Hedonic housing price analysis reveals that significant premiums are paid for homes in master-planned communities during business cycle upswings, but that these premiums are eroded close to the level of the cost of providing planned amenity packages during the cycle downswing. Lessons are drawn for urban theory, including the necessity of modeling endogenous cyclicality and the need for effective combination of imperfectly competitive behavior alongside the received focus on competitive markets
Agricultural economics · Amenity · Business · Business cycle · Economics · Macroeconomics · Housing Market and Economics · Finance
The New Palgrave
Location and Land Use
Congestion, Density and the Use of Land in Transportation
Estimating the Demand for the Characteristics of Housing
Commodity chain systems and the housing market
Ghetto expansion and single-family housing prices
Hedonic Prices and Implicit Markets
Hedonic Prices and Implicit Markets
The Restless Urban Landscape
Equilibrium Land Values and Population Densities in an Urban Setting
| Citation velocity | historical |
|---|---|
| Highly cited | No |