Abstract
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 language | English |
|---|---|
| Pages (from-to) | 187-200 |
| Number of pages | 14 |
| Journal | Urban Studies |
| Volume | 15 |
| Issue number | 2 |
| DOIs | |
| State | Published - Jun 1978 |
| Externally published | Yes |
