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Schnare, Ann B.; Struyk, Raymond J. – Journal of Urban Economics, 1976
In this study, the hypothesis that urban housing markets are segmented, in the sense that significantly different prices per unit of housing services exist contemporaneously in spatially or structurally defined markets, is tested. A main conclusion is that the market is working fairly efficiently to eliminate price premiums and discounts.…
Descriptors: Data Analysis, Housing Needs, Marketing, Property Appraisal