The repeat rent index

Brent W. Ambrose; N. Edward Coulson; Jiro Yoshida

doi:10.1162/REST_a_00500

The repeat rent index

Brent W. Ambrose
, N. Edward Coulson
, Jiro Yoshida

Risk Management

Research output: Contribution to journal › Article › peer-review

43 Scopus citations

Abstract

We employ a weighted repeat rent estimator to construct quarterly indexes that expand the profession's ability to make cross-sectional comparisons of housing markets. Our analysis shows that there is considerable heterogeneity in the behavior of rents across cities over the 2000-2010 decade, but the number of cities and years for which nominal rents fell is substantial; rents fell in many cities following the onset of the housing crisis in 2007; and the repeat rent and Bureau of Labor Statistics indexes differ due to sampling and construction methods.

Original language	English (US)
Pages (from-to)	939-950
Number of pages	12
Journal	Review of Economics and Statistics
Volume	97
Issue number	5
DOIs	https://doi.org/10.1162/REST_a_00500
State	Published - Dec 1 2015

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 11 Sustainable Cities and Communities

All Science Journal Classification (ASJC) codes

Social Sciences (miscellaneous)
Economics and Econometrics

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10.1162/REST_a_00500

Cite this

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The repeat rent index

Abstract

UN SDGs

All Science Journal Classification (ASJC) codes

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