IDEAS home Printed from https://ideas.repec.org/a/sae/urbstu/v15y1978i2p187-200.html
   My bibliography  Save this article

Housing Prices and Housing Preferences in Israel

Author

Listed:
  • Eli Borukhov

    (Centre for Urban and Regional Studies, Tel Aviv University, Israel)

  • Yona Ginsberg

    (Centre for Urban and Regional Studies, Tel Aviv University, Israel)

  • Elia Werczberger

    (Centre for Urban and Regional Studies, Tel Aviv University, Israel)

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.

Suggested Citation

  • Eli Borukhov & Yona Ginsberg & Elia Werczberger, 1978. "Housing Prices and Housing Preferences in Israel," Urban Studies, Urban Studies Journal Limited, vol. 15(2), pages 187-200, June.
    • Handle: RePEc:sae:urbstu:v:15:y:1978:i:2:p:187-200
    DOI: 10.1080/713702323
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1080/713702323
    Download Restriction: no
    File URL: https://libkey.io/10.1080/713702323?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. John F. Kain & John M. Quigley, 1975. "Housing Markets and Racial Discrimination: A Microeconomic Analysis," NBER Books, National Bureau of Economic Research, Inc, number kain75-1, June.
    2. Lucas, Robert E B, 1975. "Hedonic Price Functions," Economic Inquiry, Western Economic Association International, vol. 13(2), pages 157-178, June.
    3. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    4. John F. Kain & John M. Quigley, 1975. "Introduction to "Housing Markets and Racial Discrimination: A Microeconomic Analysis"," NBER Chapters, in: Housing Markets and Racial Discrimination: A Microeconomic Analysis, pages 1-8, National Bureau of Economic Research, Inc.
    5. Schnare, Ann B. & Struyk, Raymond J., 1976. "Segmentation in urban housing markets," Journal of Urban Economics, Elsevier, vol. 3(2), pages 146-166, April.
    6. John F. Kain & John M. Quigley, 1975. "Racial Discrimination in Urban Housing Markets," NBER Chapters, in: Housing Markets and Racial Discrimination: A Microeconomic Analysis, pages 56-91, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. George Galster, 1996. "William Grigsby and the Analysis of Housing Sub-markets and Filtering," Urban Studies, Urban Studies Journal Limited, vol. 33(10), pages 1797-1805, December.
    2. Piyush Tiwari & Kirit Parikh & Jyoti Parikh, 1999. "Effective Housing Demand in Mumbai (Bombay) Metropolitan Region," Urban Studies, Urban Studies Journal Limited, vol. 36(10), pages 1783-1809, September.
    3. Lora, Eduardo & Powell, Andrew, 2011. "A New Way of Monitoring the Quality of Urban Life," IDB Publications (Working Papers) 3806, Inter-American Development Bank.
    4. Hirschel Kasper, 1983. "Toward Estimating the Incidence of Journey-to-Work Costs," Urban Studies, Urban Studies Journal Limited, vol. 20(2), pages 197-208, May.
    5. Thomas P. Boehm, 1982. "A Hierarchical Model of Housing Choice," Urban Studies, Urban Studies Journal Limited, vol. 19(1), pages 17-31, February.
    6. John F. Kain, 2004. "A Pioneer's Perspective on the Spatial Mismatch Literature," Urban Studies, Urban Studies Journal Limited, vol. 41(1), pages 7-32, January.
    7. Francis J. Cronin, 1983. "Market Structure and the Price of Housing Services," Urban Studies, Urban Studies Journal Limited, vol. 20(3), pages 365-375, August.
    8. Kyu Sik Lee, 1985. "Decentralization Trends of Employment Location and Spatial Policies in LDC Cities," Urban Studies, Urban Studies Journal Limited, vol. 22(2), pages 151-162, April.
    9. Isaac F. Megbolugbe & Marja C. Hoek-Smit & Peter D. Linneman, 1996. "Understanding Neighbourhood Dynamics: A Review of the Contributions of William G. Grigsby," Urban Studies, Urban Studies Journal Limited, vol. 33(10), pages 1779-1795, December.
    10. Ian Davidoff & Andrew Leigh, 2008. "How Much do Public Schools Really Cost? Estimating the Relationship between House Prices and School Quality," The Economic Record, The Economic Society of Australia, vol. 84(265), pages 193-206, June.
    11. Stuart A. Gabriel, 1984. "A Note on Housing Market Segmentation in an Israeli Development Town," Urban Studies, Urban Studies Journal Limited, vol. 21(2), pages 189-194, May.
    12. Peter D. Linneman & Isaac F. Megbolugbe, 1992. "Housing Affordability: Myth or Reality?," Urban Studies, Urban Studies Journal Limited, vol. 29(3-4), pages 369-392, May.
    13. R. Brian Webb & Mike Miles & David Guilkey, 1992. "Transactions‐Driven Commercial Real Estate Returns: The Panacea to Asset Allocation Models?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 20(2), pages 325-357, June.
    14. Charles L. Leven & Jonathan H. Mark, 1977. "Revealed Preferences for Neighbourhood Characteristics," Urban Studies, Urban Studies Journal Limited, vol. 14(2), pages 147-159, June.
    15. Gill-Chin Lim & James Follain & Bertrand Renaud, 1980. "Determinants of Home-ownership in a Developing Economy: the Case of Korea," Urban Studies, Urban Studies Journal Limited, vol. 17(1), pages 13-23, February.
    16. Raymond Y. C. Tse & John Raftery, 1999. "Income elasticity of housing consumption in Hong Kong: a cointegration approach," Journal of Property Research, Taylor & Francis Journals, vol. 16(2), pages 123-138, January.
    17. M.A. Jabbar, 1998. "Buyer preferences for sheep and goats in southern Nigeria: A hedonic price analysis," Agricultural Economics, International Association of Agricultural Economists, vol. 18(1), pages 21-30, January.
    18. Raul-Tomas Mora-Garcia & Maria-Francisca Cespedes-Lopez & V. Raul Perez-Sanchez & Pablo Marti & Juan-Carlos Perez-Sanchez, 2019. "Determinants of the Price of Housing in the Province of Alicante (Spain): Analysis Using Quantile Regression," Sustainability, MDPI, vol. 11(2), pages 1-33, January.
    19. Caroline Elliott & Kwok Tong Soo, 2012. "The International Market for MBA Qualifications," Working Papers 24284581, Lancaster University Management School, Economics Department.
    20. Jarjisu Sa‐Aadu, 1984. "Another Look at the Economics of Demand‐Side Versus Supply‐Side Strategies in Low‐Income Housing," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 12(4), pages 427-460, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:urbstu:v:15:y:1978:i:2:p:187-200. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.gla.ac.uk/departments/urbanstudiesjournal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.