TY - CONF T1 - What do you get from living out of Town? - A Study on Housing Rent Gradient and Household Utility Change T2 - 10th European Real Estate Society Conference Y1 - 2003 A1 - Choi, Hak AB - This paper investigates the effect of a move by a household to live away from city center. What do you get from living out of town? It is shown that while you get a lower rent, you also get a larger housing space. However, a surprising result is that your utility level is lowered. This refutes an assumption of traditional spatial theory that households are indifferent about location choice. This paper also offers a new view on the linearity of the housing rent gradient function. The gradient curve can be convex or has a mirrored-S shape. JA - 10th European Real Estate Society Conference T3 - ERES: Conference CY - Helsinki, Finland U3 - RePEc:arz:wpaper:eres2003_134 J1 - Conference 2003 ID - oai:eres.id:eres2003_134 M3 - 10.15396/eres2003_134 ER -