Browsing FREDS Research Publications by Author "Bostic, Raphael W."
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Land leverage: Decomposing home price dynamics
Bostic, Raphael W.; Longhofer, Stanley D.; Redfearn, Christian L. (SSRN Electronic Library, 2006-06)This paper argues for the importance of separating the bundled good of housing into land and improvements, because locational amenities - which often constitute a significant portion of property value - are typically ...