New Housing Market Performance in Bogotá 1992-2004

Cuadernos de Economía, Vol. 26, No. 46, 2007

30 Pages Posted: 18 Mar 2008

See all articles by Nestor Garza

Nestor Garza

California State University Dominguez Hills

Abstract

This article analyses the series of prices for new housing in Bogotá, considering this market's spatial nature. A spatialized database was thus constructed which included more than 17,000 records and led to obtaining information about prices and constructed areas from May 1992 to April 2004.

These series were used for establishing a close statistical relationship between the housing units' price per square metre and their constructed area; however, a clear relationship regarding causality was not evident.

Note: Downloadable document is in Spanish.

Keywords: spatial analysis, Bogota, urban housing

JEL Classification: R31, R15, E3

Suggested Citation

Garza, Nestor, New Housing Market Performance in Bogotá 1992-2004. Cuadernos de Economía, Vol. 26, No. 46, 2007, Available at SSRN: https://ssrn.com/abstract=1106411

Nestor Garza (Contact Author)

California State University Dominguez Hills ( email )

1000 E. Victoria Street
Carson, CA 90747
United States
90747 (Fax)

HOME PAGE: http://https://www.csudh.edu/cbapp/contact-us/faculty/nestorgarza

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