Does a Nearby Murder Affect Housing Prices and Rents? The Case of Sydney

被引：9

作者：

Klimova, Anastasia ^{[1
]}

Lee, Adrian D. ^{[2
]}

机构：

[1] Univ Technol Sydney, Econ Discipline Grp, Sydney, NSW 2000, Australia

[2] Univ Technol Sydney, Finance Discipline Grp, Sydney, NSW 2000, Australia

来源：

ECONOMIC RECORD | 2014年 / 90卷

关键词：

D O I：

10.1111/1475-4932.12118

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We measure the impact of murders on prices and rents of homes in Sydney. We find that housing prices fall by 3.9 per cent for homes within 0.2miles of the murder in the year following the murder, and weaker results in the second year after a murder. We do not find any effects of murders on rents. Higher media coverage and being located closer to the murder (within 0.1mile) have no additional effect on prices. Taken together, our findings suggest that proximity to a murder affects nearby property prices, particularly in the first year after the incident.

引用

页码：16 / 40

页数：25

共 50 条

[21] House prices and rents in Spain: Does the discount factor matter?
Ayuso, Juan
Restoy, Fernando
JOURNAL OF HOUSING ECONOMICS, 2007, 16 (3-4) : 291 - 308
[22] Walking Accessibility to the Bus Stop: Does It Affect Residential Rents? The Case of Jinan, China
Liu, Qingchun
Zhao, Peixiong
Xiao, Yan
Zhou, Xin
Yang, Jun
LAND, 2022, 11 (06)
[23] Does Walkability Influence Housing Prices?
Boyle, Austin
Barrilleaux, Charles
Scheller, Daniel
SOCIAL SCIENCE QUARTERLY, 2014, 95 (03) : 852 - 867
[24] Land prices and housing prices: the case of Spain
Altuzarra, Amaia
Esteban, Marisol
JOURNAL OF HOUSING AND THE BUILT ENVIRONMENT, 2011, 26 (04) : 397 - 409
[25] Land prices and housing prices: the case of Spain
Amaia Altuzarra
Marisol Esteban
Journal of Housing and the Built Environment, 2011, 26 : 397 - 409
[26] Does environmental noise affect housing rental prices in developing countries? Evidence from Ecuador
Zambrano-Monserrate, Manuel A.
Alejandra Ruano, Maria
LAND USE POLICY, 2019, 87
[27] Does weather, or energy prices, affect carbon prices?
Batten, Jonathan A.
Maddox, Grace E.
Young, Martin R.
ENERGY ECONOMICS, 2021, 96 (96)
[28] Does the planning system affect housing prices? Theory and with evidence from Hong-Kong
Hui, SCM
Ho, VSM
HABITAT INTERNATIONAL, 2003, 27 (03) : 339 - 359
[29] The effect of foreclosures on nearby housing prices: Supply or dis-amenity?
Hartley, Daniel
REGIONAL SCIENCE AND URBAN ECONOMICS, 2014, 49 : 108 - 117
[30] Limited impact of roadway construction and traffic congestion on nearby housing prices
Harris, Lena
Harleman, Max
Willis, Mary D.
Hystad, Perry
Hill, Elaine L.
TRANSPORT POLICY, 2024, 157 : 1 - 9

← 1 2 3 4 5 →