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A platform for research: civil engineering, architecture and urbanism
Modeling regional house prices in the United Kingdom
Abstract In the second half of the 1980s the United Kingdom experienced a widening of house-price differentials between the South and the North, thus providing an extra impetus to the claim of a North-South divide. This paper adopts a broader perspective and examines the view that the pattern of house-price differentials across regions resembles a ripple effect. Long time-series data covering 10 UK regions and various statistical/econometric techniques are used to test the ripple-effect hypothesis. The cumulative evidence seems to conform to the hypothesis. Various explanations of this phenomenon, including interregional migration, are considered.
Modeling regional house prices in the United Kingdom
Abstract In the second half of the 1980s the United Kingdom experienced a widening of house-price differentials between the South and the North, thus providing an extra impetus to the claim of a North-South divide. This paper adopts a broader perspective and examines the view that the pattern of house-price differentials across regions resembles a ripple effect. Long time-series data covering 10 UK regions and various statistical/econometric techniques are used to test the ripple-effect hypothesis. The cumulative evidence seems to conform to the hypothesis. Various explanations of this phenomenon, including interregional migration, are considered.
Modeling regional house prices in the United Kingdom
Giussani, Bruno (author) / Hadjimatheou, George (author)
1991
Article (Journal)
English
BKL:
74.12
Stadtgeographie, Siedlungsgeographie
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