%0 Conference Paper %B 10th European Real Estate Society Conference %D 2003 %T What do you get from living out of Town? - A Study on Housing Rent Gradient and Household Utility Change %A Choi, Hak %X 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. %B 10th European Real Estate Society Conference %S ERES: Conference %C Helsinki, Finland %8 06/2003 %G eng %3 RePEc:arz:wpaper:eres2003_134 %! Conference 2003 %& Session 3, Housing Economics 1 %R 10.15396/eres2003_134