We introduce a hedonic price model that enables us to disentangle the value of a property
into the value of land and the value of structure. For given reconstruction costs, we are able to …

… links open overlay panel Lyndsey Rolheiser a , Dorinth van Dijk b c , Alex van de Minne d
… The authors (Lyndsey Rolheiser, Dorinth van Dijk, and Alex van de Minne) certify that they …

This paper studies unobserved heterogeneity in hedonic price models, arising from missing
property and locational characteristics. Specifically, commercial real estate is very …

Repeat-sales indexes are the most widely used type of transaction based property price
indexes. However, such indexes are particularly prone to revision. When a new period of …

… -trends, impacting our results (Francke & Van de Minne, 2021). However, choosing smaller
… year random effects similar to Francke and Van de Minne (2021) and shown in equation 13. …

… by the corresponding index returns (Francke & Van de Minne, 2021a). This is of obvious …
a heterogeneous asset class that transacts infrequently (Francke & Van de Minne, 2021b). …

This paper concerns the estimation of granular property price indices in commercial real
estate and residential markets. We specify and apply a repeat sales model with multiple …

In this article, we define a new construct for urban economic and investment analysis, which
revisits the conventional wisdom that investment in real estate development is riskier than …

The paper investigates the potential house price bubble in 18 provincial capital cities in
Poland from 2000 to 2022. This is the first comprehensive effort to examine the house price …

A common definition of liquidity in real estate investment is the ability to sell property assets
quickly at full value, as reflected by transaction volume. The present paper makes …