Jobs, Location, and Real Estate

被引：0

作者：

Chinloy, Peter ^{[1
]}

机构：

[1] Santa Clara Univ, Leavey Sch Business & Adm, 302A Kenna Hall, Santa Clara, CA 95053 USA

来源：

JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS | 1991年 / 4卷 / 01期

关键词：

Real estate income; Relocation; Job choice;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The decision to relocate has traditionally been based on job opportunities alone, with no attention paid to the real estate market. The cost of housing, its rate of return, and its specificity to a location do not enter the decision to move or stay. This article develops a more general definition of income, including real estate and labor markets. The null hypothesis is that relocation is based on comparing labor income differentials alone. The alternative is that income is more broadly based, including real estate returns. Estimates are provided in a quantal choice framework.

引用

页码：33 / 47

页数：15

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