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Impact of Large-scale Construction Projects on Real Estate Markets - Softcover

 
9783750265127: Impact of Large-scale Construction Projects on Real Estate Markets

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Jan Hendrik Lukowski
Published by Epubli Dez 2019, 2019
ISBN 10: 3750265127 ISBN 13: 9783750265127
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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germany

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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This dissertation investigates how the announcement of different large-scale construction projects impacts land values of multi-story residential buildings in Hamburg, Germany. Applying a difference-in-difference approach the study finds that land values within a radius of 1,200 m, 3,000 m, or 6,000 m may experience either positive or negative effects. The impact of large-scale housing construction projects depends critically on how they are expected to change existing amenities and disamenities. We uncover price changes in land values spanning from -4% to +22%. The expansion of the harbor in Hamburg impacts land values between +2% and +10%, the effect depends on how the demand for housing changes. The impact of dominant employers on land values also depends on how they influence the local demand for housing, spanning from -52% to +45%. The study shows that projects with an overlapping area of impact should be considered in one regression and that projects that are located far from one another can be analyzed in one or in separate regressions. 124 pp. Englisch. Seller Inventory # 9783750265127

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Jan Hendrik Lukowski
Published by Epubli
ISBN 10: 3750265127 ISBN 13: 9783750265127
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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - This dissertation investigates how the announcement of different large-scale construction projects impacts land values of multi-story residential buildings in Hamburg, Germany. Applying a difference-in-difference approach the study finds that land values within a radius of 1,200 m, 3,000 m, or 6,000 m may experience either positive or negative effects. The impact of large-scale housing construction projects depends critically on how they are expected to change existing amenities and disamenities. We uncover price changes in land values spanning from -4% to +22%. The expansion of the harbor in Hamburg impacts land values between +2% and +10%, the effect depends on how the demand for housing changes. The impact of dominant employers on land values also depends on how they influence the local demand for housing, spanning from -52% to +45%. The study shows that projects with an overlapping area of impact should be considered in one regression and that projects that are located far from one another can be analyzed in one or in separate regressions. Seller Inventory # 9783750265127

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Jan Hendrik Lukowski
Published by epubli
ISBN 10: 3750265127 ISBN 13: 9783750265127
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Taschenbuch. Condition: Neu. Impact of Large-scale Construction Projects on Real Estate Markets | Jan Hendrik Lukowski | Taschenbuch | Englisch | epubli | EAN 9783750265127 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu. Seller Inventory # 118681574

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