1. The Housing Sector, Interest Rates and Unemployment Examined
... by Bond, Seiler and Seiler (2002), Bourassa, Hoesli and Sun (2003) and Yu, Han and Chai (2005) have also confirmed that a view provides a premium or greater value to residential property, ranging from 15% to a maximum of 89% as stated in the Bond, Seiler and Seiler (2002) study. All these studies have also confirmed that the actual amount of any premium for a view depends on the supply of such property and the potential for such ... views to be blocked by future development. These results supported the earlier studies by Darling (1973), Plattner and Campbell (1978) and Gillard (1981), w...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate