Housing Prices and Housing Preferences in Israel

Eli Borukhov, Yona Ginsberg, Elia Werczberger

Research output: Contribution to journalArticlepeer-review

16 Scopus citations


Israel's housing market differs from other Countries in that most of the urban population lives in owner-occupied apartments in multi-family buildings. This paper is Concerned with the implications of this situation for housing preferences. The study is based on the prices of a sample of apartments offered for sale in the Tel Aviv metropolitan area. Using multiple regression analysis hedonic price indexes were obtained for a large number of Characteristics of the apartment, the building, adjacent properties, the neighbourhood and the location in the metropolitan area. It was found that a premium is paid for Characteristics which facilitate maintenance and for features which serve as indicators for the social Composition of the neighbours and their attitudes.

Original languageEnglish
Pages (from-to)187-200
Number of pages14
JournalUrban Studies
Issue number2
StatePublished - Jun 1978
Externally publishedYes


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