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Автор Buchel, Sandra
Автор Hoesli, Martin
Дата выпуска 1995
dc.description In this paper, an analysis is made of what would be the rent difference for the tenants of subsidised units if these units were rented as unsubsidised units. Furthermore, the existence of any pecuniary disadvantage for the owner of a subsidised unit is investigated by considering his rental revenue (i.e. the amount paid by the tenant and the subsidy). It is found that there exists a premium between an unsubsidised and a subsidised unit when using the amount paid by the tenant (i.e. the rent) as the dependent variable. Also, the subsidy system in Geneva has an influence on the pricing of each characteristic of a unit. Furthermore, it is found that when using rental revenue as the dependent variable, both sub-samples can be used in a single hedonic equation. Thus, owners of subsidised units are not at a disadvantage due to the granting of a subsidy. As a result, Geneva's subsidy system matches the goals of agents on both the demand and supply sides.
Издатель Sage Publications
Название A Hedonic Analysis of Rent and Rental Revenue in the Subsidised and Unsubsidised Housing Sectors in Geneva
Тип Journal Article
DOI 10.1080/00420989550012645
Print ISSN 0042-0980
Журнал Urban Studies
Том 32
Первая страница 1199
Последняя страница 1213
Аффилиация Buchel, Sandra, Swiss Bank Corporation, Swiss Bank Centre, Europastrasse 1, CH-8152 Zürich-Opfikou, Switzerland
Аффилиация Hoesli, Martin, Universite de Genève, Section HEC, Uni-Mail, 102 boulevard Carl-Vogt, CH-1211, Genève 4, Switzerland
Выпуск 7
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