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Changes in the anticipation effects of the Noord-Zuid metro line in Amsterdam on nearby house prices

Sassen, B. (2019) Changes in the anticipation effects of the Noord-Zuid metro line in Amsterdam on nearby house prices. Master thesis.

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Abstract

New metro infrastructure is continuously needed to maintain accessibility in ever changing cities. Anticipation effects measure the impacts of metro infrastructure on nearby house prices during the construction period. I use a difference-in-differences approach to measure the anticipation effects over time and space, and apply this method to a case study on the Noord-Zuidlijn in Amsterdam, Netherlands. The main feature of this thesis is that it researches the changes in anticipation effects before and after a reevaluation on whether to continue the project was made mid-construction period. This research finds that there are negative anticipation effects both before and after the reevaluation. However, the negative effects disappear after the reevaluation and then turn into positive effects. Therefore, this thesis concludes that there are significant changes in the anticipation effects of the Noord-Zuidlijn before and after the reevaluation.

Item Type: Thesis (Master)
Degree programme: Real Estate Studies
Supervisor: Liu
Date Deposited: 23 Apr 2020 05:31
Last Modified: 23 Apr 2020 05:31
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/1779

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