Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86941
Authors: 
Ommeren, Jos Van
Koopman, Marnix
Year of Publication: 
2010
Series/Report no.: 
Tinbergen Institute Discussion Paper 10-085/3
Abstract: 
The application of hedonic price approaches to obtain estimates of the households' value of apartment characteristics is invalid for regulated housing markets such as public housing. We introduce and apply an alternative method that allows us to estimate renters' marginal willingness to pay for apartment characteristics based on residential mobility. We focus on the households' marginal willingness to pay for quality of apartments. We find that, on average, households place a monetary value on quality which is close to the non-profit housing associations' costs of providing quality.
Subjects: 
Public housing
quality
JEL: 
R21
Document Type: 
Working Paper

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