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Does burglary affect property prices in a nonmetropolitan municipality?
KTH, School of Architecture and the Built Environment (ABE), Centres, Centre for Banking and Finance, Cefin.ORCID iD: 0000-0002-9944-0510
KTH, School of Architecture and the Built Environment (ABE), Centres, Centre for Banking and Finance, Cefin.ORCID iD: 0000-0001-5302-1698
2015 (English)In: Journal of Rural Studies, ISSN 0743-0167, E-ISSN 1873-1392, Vol. 39, 210-218 p.Article in journal (Refereed) Published
Abstract [en]

Although the international literature shows strong evidence of the effect of crime in large urban areas, particularly on housing prices, little is known about the link between crime and property prices in nonmetropolitan areas. This article describes the effect of residential burglary on the housing market in a nonmetropolitan municipality in Sweden, using data on property sales in 2005 and 2011. The study employs different strategies of hedonic price modelling to estimate the impact of residential burglary while controlling for property and neighbourhood characteristics; in particular, it explores the use of quantile regression and spatial analysis. The findings show that residential burglary has a significant negative effect on property prices in 2011 but no impact in 2005, which might be a result of the dramatic global economic downturn between these years. The article concludes with a discussion on the practical implications of the findings and offers suggestions for future research.

Place, publisher, year, edition, pages
2015. Vol. 39, 210-218 p.
Keyword [en]
Crime, Geographical information system (GIS), Hedonic modelling, Quantile regression, Rural areas
National Category
Public Administration Studies
Identifiers
URN: urn:nbn:se:kth:diva-171907DOI: 10.1016/j.jrurstud.2015.03.014ISI: 000357544900021Scopus ID: 2-s2.0-84927690594OAI: oai:DiVA.org:kth-171907DiVA: diva2:845404
Note

QC 20150811

Available from: 2015-08-11 Created: 2015-08-10 Last updated: 2017-12-04Bibliographically approved

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Ceccato, Vania

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
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  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf