1. The influence of distance from the city center on apartments renting prices
- Author
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Babjaková, Miriam, Mirvald, Michal, and Slaný, Martin
- Subjects
hedonický cenový model ,hedonic price model ,vzdálenost od centra města ,Prague ,Praha ,nájemní ceny bytů ,distance from the city centre ,rental price of apartments ,Brno - Abstract
The thesis examines the influence of a distance of a real estate from the city centre, on renting price of apartments in cities Prague and Brno. In addition, the thesis also assesses influence of other characteristics on renting price of apartments in the given area. The study is based on rental offer of apartments published on a website sreality.cz in February 2017. The data set contains information regarding 73 apartments in Brno and 347 apartments in Prague. On the basis of the regression analysis, the negative influence of distance of a real estate from the city centre on renting price has been demonstrated in both cities. In both cases, the significant influence of building characteristic on the rental price of apartments was found. In Prague, the energy performance of buildings has the strongest influence on the rental price, while in Brno, the condition of the building influences the rental price the most.
- Published
- 2017