Sakkers, Paola (2020) A good neighbour is worth more than a distant friend – an analysis of neighbouring and house prices. Master thesis.
|
Text
RES Thesis Final Version Paola Sakkers PDF.pdf Download (1MB) | Preview |
Abstract
Neighbours affect our health and wellbeing, but do they also affect our wealth? This research tries to answer that question by looking at the effect of neighbouring, the social interaction between people living in close residential proximity, on house prices. In this research, house prices are represented by the WOZ value. By the use of the Dutch WoON database, this research finds that neighbouring has a positive effect on house prices. As neighbouring increases from its lowest (1) to its highest value (5), house prices increase by 3.67%, 8.55%, 10.30%, and 13.20%, respectively. Furthermore, it is shown that the absence of neighbouring has a more pronounced effect on house prices than the presence of neighbouring. This means that, looking from the premise of average neighbouring, property prices decrease faster as neighbouring decreases than these prices increase with additional neighbouring. Overall, the results indicate that neighbouring is valued, however, the absence of nuisance is valued more than neighbourly interactions.
| Item Type: | Thesis (Master) |
|---|---|
| Degree programme: | Real Estate Studies |
| Supervisor: | Liu, X. |
| Date Deposited: | 30 Jun 2020 10:13 |
| Last Modified: | 30 Jun 2020 10:13 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/3210 |
Actions (login required)
 |
View Item |