Apartment Security: A Note on Gated Access and Rental Rates
The effect of gated access restrictions on garden apartment rents is empirically evaluated. Garden apartment rents are positively related to the presence of gated access constraints, although the combination of in-unit alarms with gated access is rent neutral. One-bedroom and two-bedroom units garne...
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Veröffentlicht in: | The Journal of real estate research 2003-04, Vol.25 (2), p.145-158 |
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description | The effect of gated access restrictions on garden apartment rents is empirically evaluated. Garden apartment rents are positively related to the presence of gated access constraints, although the combination of in-unit alarms with gated access is rent neutral. One-bedroom and two-bedroom units garner higher rents with the presence of gated access constraints. The research extends prior research on high-rise units indicating that 24-hour security positively impacts occupancy and gross rental income. Given that the study uses data from only one market, additional research for other cities and regions is warranted. |
doi_str_mv | 10.1080/10835547.2003.12091106 |
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Garden apartment rents are positively related to the presence of gated access constraints, although the combination of in-unit alarms with gated access is rent neutral. One-bedroom and two-bedroom units garner higher rents with the presence of gated access constraints. The research extends prior research on high-rise units indicating that 24-hour security positively impacts occupancy and gross rental income. 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Garden apartment rents are positively related to the presence of gated access constraints, although the combination of in-unit alarms with gated access is rent neutral. One-bedroom and two-bedroom units garner higher rents with the presence of gated access constraints. The research extends prior research on high-rise units indicating that 24-hour security positively impacts occupancy and gross rental income. Given that the study uses data from only one market, additional research for other cities and regions is warranted.</abstract><cop>Clemson</cop><pub>The American Real Estate Society</pub><doi>10.1080/10835547.2003.12091106</doi><tpages>14</tpages></addata></record> |
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subjects | Age Apartments Bedrooms Economic models Economic value Economics Garages Gated communities Housing Housing market Income Investigations Modeling Playgrounds Property Rent Rental property Rentals Rents Residential real estate Security Statistical significance Studies Tenants U.S.A Variables Washers & dryers |
title | Apartment Security: A Note on Gated Access and Rental Rates |
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