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Do Housing Prices Reflect Environmental Health Risks? Evidence from More than 1600 Toxic Plant Openings and Closings
Currie, Janet - 2012
A ubiquitous and largely unquestioned assumption in studies of housing markets is that there is perfect information about local amenities. This paper measures the housing market and health impacts of 1,600 openings and closings of industrial plants that emit toxic pollutants. We find that...
Persistent link: https://www.econbiz.de/10013096160
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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
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Can property values capture changes in environmental health risks? : evidence from a stated preference study in Italy and the UK
Guignet, Dennis; Alberini, Anna - 2013
among hypothetical variants of their home that differ in terms of mortality risks from air pollution and price. To our … respondents in the UK do not perceive air pollution where they live to be as threatening, and actually live in cities with … relatively low air pollution levels. Exploiting part of our experimental design, we find that Italian homeowners value a …
Persistent link: https://www.econbiz.de/10010189442
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Local Housing Market Sentiments and Returns : Evidence from China
Shen, Shulin; Zhao, Yiyi; Pang, Jindong - 2022
This paper examines the impacts of local housing sentiments on the housing price dynamics of China. With a massive … second-hand transaction dataset, we construct monthly local housing sentiment indices for 17 major cities in China from …
Persistent link: https://www.econbiz.de/10013290209
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The Impact of the COVID-19 Epidemic on the Housing Market in China
Huang, Naqun - 2020
This paper evaluates the performance of the housing market in China after the COVID-19 outbreak and the subsequent … COVID-19 epidemic does have a mild negative effect on the housing market in China …
Persistent link: https://www.econbiz.de/10012829316
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Anticipating critical transitions of Chinese housing markets
Zhang, Qunzi; Sornette, Didier; Zhang, Hao - 2017
we apply to the housing markets of China's major cities. Building on the Log-Periodic Power Law Singular (LPPLS) model of … are applied to provide early warning signals of the housing markets in China's major cities. Third, we determine the … evolution of China's housing market via our multi-scales and multi-quantiles analyses …
Persistent link: https://www.econbiz.de/10011761282
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The Rise and Fall of a Rumor : Evidence from Regional Housing Markets in China
Zhang, Fan; ZHANG, Yanjiang; Song, Jiayang - 2021
In this paper, we examine how the enforcement and collapse of a rumor affect regional housing markets in China …
Persistent link: https://www.econbiz.de/10013229733
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When power plants leave town : environmental quality and the housing market in China
Deng, Guoying; Hernandez, Manuel A.; Shu Xu - In: Environmental and resource economics 77 (2020) 4, pp. 751-780
Persistent link: https://www.econbiz.de/10012416312
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Spatial externalities and place-based policies : evidence from the Netherlands
Koster, Hans; Ommeren, Jos van - 2012 - This version: 1 March 2012
We study neighbourhood externalities caused by large public investments in poor neighbourhoods. A stylised theory of a linear city is proposed to guide interpretation of the magnitude and attenuation of the external effects generated by these public investments. We use a large Dutch nationwide...
Persistent link: https://www.econbiz.de/10011537982
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Gentrification and affordable housing policies
Borck, Rainald; Gohl, Niklas - 2021
We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....
Persistent link: https://www.econbiz.de/10012696919