Results OLS-model. The difference-in-difference hedonic model (multifamily with restricted sample)
| All projects | Large projects | Small projects | ||||
|---|---|---|---|---|---|---|
| Variables | Coefficients | t-value | Coefficients | t-value | Coefficients | t-value |
| Treatment | 0.0192 | 4.76 | 0.0215 | 3.60 | 0.0131 | 2.03 |
| Near | 0.0161 | 5.11 | 0.0065 | 1.45 | 0.0187 | 4.03 |
| Living area | 0.8047 | 133.48 | 0.7794 | 98.58 | 0.8471 | 92.95 |
| Rooms | 0.1313 | 29.07 | 0.1401 | 23.47 | 0.1142 | 17.96 |
| Fee | −0.1793 | −43.46 | −0.1676 | −31.09 | −0.2138 | −31.26 |
| Floor | 0.0131 | 27.80 | 0.0139 | 23.15 | 0.0147 | 22.02 |
| Building year | −3.0703 | −36.93 | −2.0631 | −18.83 | −2.2796 | −19.57 |
| Distance to CBD | −0.1239 | −48.63 | −0.1938 | −48.92 | −0.0993 | −33.84 |
| Constant | 36.54 | 58.41 | 29.3358 | 0.01 | 29.5411 | 32.98 |
| Observations | 41,763 | 22,090 | 20,858 | |||
| R2 | 0.8403 | 0.8497 | 0.8323 |
| All projects | Large projects | Small projects | ||||
|---|---|---|---|---|---|---|
| Variables | Coefficients | Coefficients | Coefficients | |||
| Treatment | 0.0192 | 4.76 | 0.0215 | 3.60 | 0.0131 | 2.03 |
| Near | 0.0161 | 5.11 | 0.0065 | 1.45 | 0.0187 | 4.03 |
| Living area | 0.8047 | 133.48 | 0.7794 | 98.58 | 0.8471 | 92.95 |
| Rooms | 0.1313 | 29.07 | 0.1401 | 23.47 | 0.1142 | 17.96 |
| Fee | −0.1793 | −43.46 | −0.1676 | −31.09 | −0.2138 | −31.26 |
| Floor | 0.0131 | 27.80 | 0.0139 | 23.15 | 0.0147 | 22.02 |
| Building year | −3.0703 | −36.93 | −2.0631 | −18.83 | −2.2796 | −19.57 |
| Distance to CBD | −0.1239 | −48.63 | −0.1938 | −48.92 | −0.0993 | −33.84 |
| Constant | 36.54 | 58.41 | 29.3358 | 0.01 | 29.5411 | 32.98 |
| Observations | 41,763 | 22,090 | 20,858 | |||
| 0.8403 | 0.8497 | 0.8323 |
Notes:
Coefficients concerning parish and time are not shown in the table. CBD = central business district