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- W590092258 abstract "This paper uses a series of nested logit models to investigate recent mover preferences for location choice and home type. A comparison of alternative model specifications illuminate the nature of purchase, recognizing location attributes as well as home size and cost. Sample data come from a survey of home buyers in Austin, Texas and parameter estimates support the notion that home type is an upper-nest decision, relative to location, with homes of similar type exhibiting more correlation in unobserved components than those within a single location. With a particular home type in mind, location choice may become constrained by home availability across locations of the urban area. Thus, a focus simply on residential location choice can lead to a misunderstanding of the home search and residential development process." @default.
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- W590092258 date "2008-01-01" @default.
- W590092258 modified "2023-09-23" @default.
- W590092258 title "Modeling Choice of Residential Location and Home Type:Recent Movers in Austin, Texas" @default.
- W590092258 hasPublicationYear "2008" @default.
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