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This paper explores the influence of beach quality on coastal residential property values. We hypothesize that beach and dune width provide local public goods in terms of recreation potential and storm/erosion protection, but that this relationship is limited by distance from the shoreline. Our...
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Numerous studies using a variety of methods suggest that beach re-nourishment generates benefits to both recreational users and property owners. However, the only study to use a repeat sales index (Cordes, Gatlaff and Yezer, 2001) found no effect of re-nourishment on property values. We use a...
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Previous research suggests that coastal housing values capitalize the quality of nearby beaches, with distance from the shore playing a key role, and that there are potential problems related to measurement errors and reverse causation due to policy interventions. We offer the first analysis in...
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