TY - JOUR
T1 - The housing price bubble in a Suburban Georgia setting
T2 - Using the hedonic pricing model in the New South
AU - Beck, Jason
AU - Fralick, Joshua
AU - Toma, Michael
PY - 2012
Y1 - 2012
N2 - This study applies a hedonic pricing model to the rapidly developing suburban housing market adjacent to the Savannah Historic Landmark District in the downtown area of Savannah, Georgia. Using OLS estimation, the hedonic pricing model yields results clearly tracing out the magnitude of the time-related housing price premium in the suburban market analyzed for the years from 2005 to 2010. The results also control for internal and external housing characteristics that are capitalized into the real sales prices of the housing transactions analyzed.
AB - This study applies a hedonic pricing model to the rapidly developing suburban housing market adjacent to the Savannah Historic Landmark District in the downtown area of Savannah, Georgia. Using OLS estimation, the hedonic pricing model yields results clearly tracing out the magnitude of the time-related housing price premium in the suburban market analyzed for the years from 2005 to 2010. The results also control for internal and external housing characteristics that are capitalized into the real sales prices of the housing transactions analyzed.
KW - Hedonic Pricing Model
KW - Housing Price Bubble
KW - Housing Prices
UR - http://www.scopus.com/inward/record.url?scp=84863538893&partnerID=8YFLogxK
U2 - 10.19030/jabr.v28i4.7048
DO - 10.19030/jabr.v28i4.7048
M3 - Article
AN - SCOPUS:84863538893
SN - 0892-7626
VL - 28
SP - 651
EP - 660
JO - Journal of Applied Business Research
JF - Journal of Applied Business Research
IS - 4
ER -