Narrow search
Showing 1 - 10 of 22,151
Cover Image
Estimating the Effect of Crime Risk on Property Values and Time on Market : Evidence from Megan’s Law in Virginia
Brastow, Raymond T. - 2012
We examine neighborhood externalities that arise from the perceived risk associated with the proximity of a registered sex offender's residence. We find large negative externality effects on a property's price and liquidity, employing empirical techniques that include a fixed-effects OLS model,...
Persistent link: https://www.econbiz.de/10013116080
Cover Image
There Goes the Neighborhood? Estimates of the Impact of Crime Risk on Property Values From Megan's Laws
Linden, Leigh L. - 2006
variation in the threat of crime within small homogenous groupings of homes, and we use the timing of sex offenders' arrivals to … offenders or view living near an offender as having costs exclusive of crime risk …
Persistent link: https://www.econbiz.de/10012466415
Cover Image
Crime and (Price) Punishment in the Chilean Real Estate Market : The Case of Santiago
Andrade, Nathaly - 2020
We investigate the relationship between crime and property prices in the Santiago (Chile) real estate market. Our study … general crime has a negative effect on property prices, but the size of this effect varies considerably depending on the type … of crime. We also find that apartments respond almost immediately to changes in crime rates while single-family homes …
Persistent link: https://www.econbiz.de/10012845529
Cover Image
Hedonic Model with Discrete Consumer Heterogeneity and Horizontal Differentiated Housing
Maslianskaia-Pautrel, Masha - 2013
This paper investigates how the hedonic equilibrium is modified when discrete consumer heterogeneity with horizontal differentiated housing supply is assumed. Our results are threefold. First, discrete consumer heterogeneity leads to a segmentation of the hedonic price function at equilibrium...
Persistent link: https://www.econbiz.de/10013091805
Cover Image
The Risks of Nuclear Disaster and its Impact on Housing Prices
Ando, Michihito - 2017
Using a data set on housing sales transactions we explore the potential effect of the Fukushima disaster on housing prices in Sweden. In contrast to most earlier findings in other countries we do not find any disproportionate effect from the Fukushima disaster on housing prices in vicinity of...
Persistent link: https://www.econbiz.de/10012963216
Cover Image
Housing Environmental Risk in Urban Areas : Cross Country Comparison and Policy Implications
Chiarini, Bruno - 2018
The main aim of this paper is to assess whether there is a statistically significant environmental impact of cities within European countries. Second, starting from the estimated environmental impact of cities within European countries, the paper investigates whether cross-country variation can...
Persistent link: https://www.econbiz.de/10012926996
Cover Image
The Value of a Healthy Home : Lead Paint Remediation and Housing Values
Billings, Stephen B. - 2017
The presence of lead paint significantly impairs cognitive and behavioral development, yet little is known about the value to households of avoiding this residence-specific environmental health risk. In this paper, we estimate the benefits of lead-paint remediation on housing prices. Using data...
Persistent link: https://www.econbiz.de/10012952586
Cover Image
The Effects of Multiple Green Factors on Condominium Prices
Yoshida, Jiro - 2016
This paper analyzes the transaction prices of green buildings assessed on the basis of multiple green factors. Our theoretical model demonstrates that the initial green premium can be negative but becomes positive as the building ages if a green building has a higher life-cycle cost and a longer...
Persistent link: https://www.econbiz.de/10013008860
Cover Image
The Value of a Healthy Home : Lead Paint Remediation and Housing Values
Billings, Stephen B. - 2015
The presence of lead paint significantly impairs cognitive and behavioral development, yet little is known about how this residence-specific environmental health risk affects property values. In this paper, we estimate the benefits of lead-paint remediation on housing prices. Using data on all...
Persistent link: https://www.econbiz.de/10013010221
Cover Image
The Impact of Hazardous Industrial Facilities on Housing Prices : A Comparison of Parametric and Semiparametric Hedonic Price Models
Grislain-Letrémy, Céline - 2014
The willingness of households to pay for prevention against industrial risks can be revealed by real estate markets. By using very rich microdata, we study housing prices in the vicinity of hazardous industries near three important French cities. We show that the impact of hazardous plants on...
Persistent link: https://www.econbiz.de/10013052157