Internet-Based Hedonic Indices of Rents and Prices for Flats: Example of Berlin

27 Pages Posted: 29 Feb 2012

See all articles by Konstantin A. Kholodilin

Konstantin A. Kholodilin

German Institute for Economic Research (DIW Berlin)

Andreas Mense

FAU Erlangen-Nürnberg

Date Written: February 1, 2012

Abstract

In this paper, we suggest to estimate the home rents and prices in German regions/cities using the data from Internet ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to construct the quality-adjusted rent and price indices using the hedonic approach. The results can be applied both for investigating the dynamics of rents/prices and for examining their distribution by city districts or regions.

Keywords: internet ads, home rents, home prices, German regions, Berlin, hedonic approach

JEL Classification: C21, O47, R11

Suggested Citation

Kholodilin, Konstantin A. and Mense, Andreas, Internet-Based Hedonic Indices of Rents and Prices for Flats: Example of Berlin (February 1, 2012). DIW Berlin Discussion Paper No. 1191. Available at SSRN: https://ssrn.com/abstract=2013076 or http://dx.doi.org/10.2139/ssrn.2013076

Konstantin A. Kholodilin (Contact Author)

German Institute for Economic Research (DIW Berlin) ( email )

Mohrenstraße 58
Berlin, 10117
Germany

Andreas Mense

FAU Erlangen-Nürnberg ( email )

Findelgasse 7
Nürnberg, 90402
Germany

Register to save articles to
your library

Register

Paper statistics

Downloads
87
rank
272,651
Abstract Views
872
PlumX