Valuación de las características de las viviendas sujetas a financiamiento público: el caso del área metropolitana de Monterrey
[Valuing characteristics of houses subject to public financing: the case of the metropolitan area of Monterrey]
AbstractReforms to the Mexican Social Security System in 1997 have risen acquisitions of houses using loans granted by Infonavit. The objective of this paper is to determine how attributes of houses with possibilities of being financed by Infonavit are valued. This paper uses the hedonic price methodology to information of residences in the metropolitan area of Monterrey. It is interesting to observe that, for this type of homes, although a third bedroom is highly valued, an additional bathroom is not. On the other hand, evidence shows that an urban development plan including construction of houses, shopping malls and medical centers would increase value of homes in vicinity where a small demand would be otherwise.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33272.
Date of creation: 2009
Date of revision:
Precios hedónicos; Seguridad Social; Viviendas;
Find related papers by JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David E. Clark, 2000. "The Impact of Public School Attributes on Home Sale Prices in California," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 31(3), pages 385-407.
- Richard V. Butler, 1982. "The Specification of Hedonic Indexes for Urban Housing," Land Economics, University of Wisconsin Press, vol. 58(1), pages 96-108.
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