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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

Estimating the effect of crime risk on property values and time on market : evidence from Megan's Law in Virginia

Wentland, Scott; Waller, Bennie; Brastow, Raymond T. - In: Real estate economics : journal of the American Real … 42 (2014) 1, pp. 223-251

Persistent link: https://www.econbiz.de/10010355368

Fear of crime and housing prices : household reactions to sex offender registries

Pope, Jaren C. - In: Journal of urban economics 64 (2008) 3, pp. 601-614

Persistent link: https://www.econbiz.de/10003800637

Estimating the Effect of Crime Risk on Property Values and Time on Market : Evidence from Megan's Law in Virginia

Brastow, Raymond - 2010

This paper analyzes the effect that living near a sex offender has on the marketability of ones home. Specifically, we estimate the impact on a homes sales price, its list price, and on the length of time it takes to for the home to sell. Since the 1994 passage of Sexual Offender Act (known as...

Persistent link: https://www.econbiz.de/10013135582

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

Estimating the Effect of Crime Risk on Property Values and Time on Market : Evidence from Megan's Law in Virginia

Wentland, Scott; Waller, Bennie D.; 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...

Persistent link: https://www.econbiz.de/10014164850

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

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

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

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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