Construct · 1 fields · 1 citations

out-of-state buyer premium: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
out-of-statebuyer premium1 CONSTRUCTOut-of-state buyerLAMBSON · REAL ESTATE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Real estate economics

the higher prices paid for comparable homes by buyers from outside the area, attributed to anchoring on home-market prices and higher search costs.

In real estate economics, out-of-state buyer premium refers to the higher prices paid for comparable homes by buyers from outside the area, attributed to anchoring on home-market prices and higher search costs. This meaning comes from Lambson (2004) in Real Estate Economics.[1]

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Nearby constructs

anchoring3 fields · 4 citationsjingle · one word, three constructsestate2 fields · 2 citationsjingle · one word, two carrierspremium4 fields · 4 citationsjingle · one word, four constructs

References

  1. Lambson, V. E., McQueen, G. R., & Slade, B. A. (2004). Do Out‐of‐State Buyers Pay More for Real Estate? An Examination of Anchoring‐Induced Bias and Search Costs. Real Estate Economics, 32(1), 85-126. https://doi.org/10.1111/j.1080-8620.2004.00085.x

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