Scandinavian Working Papers in Economics

CLTS Working Papers,
Norwegian University of Life Sciences, Centre for Land Tenure Studies

No 2/23: Price and Hedonic Heterogeneity Measures in Local Housing Markets

Dag Einar Sommervoll ()
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Dag Einar Sommervoll: Centre for Land Tenure Studies, Norwegian University of Life Sciences, Postal: Centre for Land Tenure Studies, Norwegian University of Life Sciences, P.O. Box 5003, NO-1432 Aas, Norway

Abstract: In this paper, we develop a local housing stock heterogeneity measure. This measure may be used to monitor housing stock heterogeneity over time and in combination with other measures of policy interest. We illustrate the latter by looking at local housing stock heterogeneity, house price variation (measured by local Gini coefficients), and affordability measures.

Keywords: Housing market; Heterogeneity; segregation

JEL-codes: C43; R21; R31

Language: English

20 pages, January 28, 2023

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