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Using over 5,000 observations on house sales in Wellington, New Zealand, this paper looks at the willingness to pay for an extra daily hour of sun, on average, across the year.
This paper provides an analysis of how the New Zealand tax system may be affecting residential property markets.
This study uses fixed effects panel regression techniques to estimate the impact of foreign demand for Australian residential real estate on property prices. All model specifications find a positive relationship between foreign investment approvals and price growth at the postcode level, but the majority of...