How is Location Measured in Housing Valuation? A Systematic Review of Accessibility Specifications in Hedonic Price Models

Accessibility is frequently used for measuring location in housing studies, but specifications of the measures differ greatly and its implications are hardly discussed. This paper sets out to systematically review accessibility measures that are used in hedonic price models (HPM), a method for estim...

Full description

Bibliographic Details
Main Authors: Axel Viktor Heyman, Stephen Law, Meta Berghauser Pont
Format: Article
Language:English
Published: MDPI AG 2018-12-01
Series:Urban Science
Subjects:
Online Access:http://www.mdpi.com/2413-8851/3/1/3