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]
Reforms 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.
|Date of creation:||2009|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
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.:
- Linneman, Peter, 1980. "Some empirical results on the nature of the hedonic price function for the urban housing market," Journal of Urban Economics, Elsevier, vol. 8(1), pages 47-68, July.
- Palmquist, Raymond B, 1984. "Estimating the Demand for the Characteristics of Housing," The Review of Economics and Statistics, MIT Press, vol. 66(3), pages 394-404, August.
- Richard V. Butler, 1982. "The Specification of Hedonic Indexes for Urban Housing," Land Economics, University of Wisconsin Press, vol. 58(1), pages 96-108.
- David E. Clark, 2000. "The Impact of Public School Attributes on Home Sale Prices in California," Growth and Change, Wiley Blackwell, vol. 31(3), pages 385-407.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:33272. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.