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Hedonic Methods in Housing Markets: Pricing Environmental Amenities and Segregation - Hardcover

 
9780387768144: Hedonic Methods in Housing Markets: Pricing Environmental Amenities and Segregation

Synopsis

Cities are growing worldwide and their sprawl is increasingly challenged for its pressure on open spaces and environmental quality. Economic arguments can help to decide about the trade-off between preserving environmental quality and developing housing and business surfaces, provided the benefits of environmental quality are adequately quantified. To this end, this book focuses on the use and advancement of the “hedonic approach”, an economic valuation technique that analyses and quantifies the sources of rent and property price differentials. Starting from theoretical foundations, the hedonic approach is applied to the valuation of natural land use preservation and noise abatement measures, as well as to residential segregation and discrimination, extending the analysis to the role of the buyers and sellers' identity on housing market prices and to the issue of environmental justice.

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From the Back Cover

Cities are growing worldwide and their sprawl is increasingly challenged for its pressure on open spaces and environmental quality.  Economic arguments can help to decide about the trade-off between preserving environmental quality and developing housing and business surfaces, provided the benefits of environmental quality are adequately quantified.  To this end, this book focuses on the use and advancement of the "hedonic approach", an economic valuation technique that analyses and quantifies the sources of rent and property price differentials.  Starting from theoretical foundations, the hedonic approach is applied to the valuation of natural land use preservation and noise abatement measures, as well as to residential segregation and discrimination, extending the analysis to the role of the buyers' and sellers' identity on housing market prices and to the issue of environmental justice.

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Other Popular Editions of the Same Title

9781441926388: Hedonic Methods in Housing Markets: Pricing Environmental Amenities and Segregation

Featured Edition

ISBN 10:  1441926380 ISBN 13:  9781441926388
Publisher: Springer, 2010
Softcover