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Does Crime Impact Real Estate Prices? An Assessment of Accessibility and Location
KTH, School of Architecture and the Built Environment (ABE), Urban Planning and Environment, Urban and Regional Studies. Säkraplatser Nätverket. (Säkerhet och trygghet forskningsgrupp (STF))ORCID iD: 0000-0001-5302-1698
2017 (English)In: Oxford Handbook of Environmental Criminology / [ed] S. Johnson and G. Bruisma, Oxford University Press, 2017Chapter in book (Other academic)
Abstract [en]

In this study, we aim to contribute to this literature by assessing the impact of crimeand accessibility on housing prices. Accessibility is expected to have a positive impacton housing prices, but good accessibility to a place may also mean more crime, becausean accessible place allows more social interaction, more crime opportunities, and morecrime, pulling housing prices down. Individuals make choices based on a trade- offbetween accessibility and criminality. Using hedonic modeling, we empirically assessthis trade- off after controlling for other property and neighborhood characteristics.

Place, publisher, year, edition, pages
Oxford University Press, 2017.
National Category
Social Sciences Economics
Identifiers
URN: urn:nbn:se:kth:diva-291496OAI: oai:DiVA.org:kth-291496DiVA, id: diva2:1537015
Note

QC 20210825

Available from: 2021-03-13 Created: 2021-03-13 Last updated: 2022-06-25Bibliographically approved

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fulltext(2709 kB)710 downloads
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Ceccato, VaniaWilhelmsson, Mats

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CiteExportLink to record
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • 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