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The Influence of Socioeconomic Conditions on the U.S. Internet Office Market

Listed author(s):
  • Sofia Dermisi

    (Roosevelt Universiy)

This paper focuses on the Internet, as a resource in the fulfillment of companies' needs to lease or buy office space in the U.S. A measure of this Internet use is introduced by two indexes considering the companies' preferences and the office stock in U.S. states and cities. The results indicate that the Internet is utilized more for leasing than for selling office properties. Moreover, relationships are defined between the introduced indexes and local socioeconomic characteristics. Economic variables such as employment, Finance Insurance & Real Estate and high tech employment, firm size, and income have significant effect on the Internet office leases and sales.

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Paper provided by EconWPA in its series Urban/Regional with number 0509002.

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Date of creation: 05 Sep 2005
Handle: RePEc:wpa:wuwpur:0509002
Note: Type of Document - pdf. Property Management, Vol. 22, No. 2, pp. 155-165, 2004
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