The importance of land in urban activities it is therefore necessary to gain a better understanding on the operation of the urban land market. Land prices are key in examining this behavior. Housing, unlike most traded goods, exhibits certain uncommon features making its study distinctive and complex. These features include durability and heterogeneity. The intensity of residences denotes of concentration of people, houses and households. It is a measure of congestion prevailing in the city. High and low intensity of residences indicates the relative quality of residential localities. ...
The importance of land in urban activities it is therefore necessary to gain a better understanding on the operation of the urban land market. Land p...
