Abstracts for Vol.
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This study extends the literature that investigates the use of buyer and seller characteristics in traditional hedonic price equation regressions. The results reveal statistically significant buyer and seller effects. Also, the results confirm the existence of the plattage effect and reveal a statistically significant change in the plattage effect over time. The findings of this study should prove useful to those interested in the behavior of land markets on an urban fringe. This paper presents the findings from a survey of plan sponsors on future research directions in real estate.