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Author:Suzaki, K.
Ohta, M.
Title:A hedonic analysis of land prices and rents in the bubble: Kanagawa prefecture in Japan for 1986-1988
Journal:Economic Studies Quarterly
1994 : MAR, VOL. 45:1, p. 73-94
Index terms:PRICES
JAPAN
RENTS
Language:eng
Abstract:This paper presents hedonic analyses of residential land prices and rents in Kanagawa Prefecture, a typical bedtown prefecture of Tokyo, during the bubble period 1986-1988. Land characteristics explain land prices well in the bubble, but their relative imputed prices changed significantly over time. Access to Tokyo City increased its importance in xplaining land prices. Also the imputed prices of other characteristics are studied in detail. Rents are studied hedonically in a similar way.
SCIMA record nr: 119155
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