Feldkamp, Daan (2024) Sinking surface, sinking sales? The effects of soil subsidence on housing values in the municipality of Groningen. Master thesis.
|
Text
MT-Economic-Geography-Daan-Feldkamp.pdf Download (1MB) | Preview |
Abstract
Maintenance bills are something no homeowner desires. A corresponding hazard noticeably present in the Dutch context is the problem of subsidence. A subsiding surface is shown to damage the structural quality of buildings, by extension, this process can reduce the economic value of housing. This thesis uses a hedonic pricing method in the form of OLS regression to estimate the effects of subsidence on residential housing value. The municipality of Groningen, the Netherlands, is selected as a case study. Accordingly, a combination of housing transaction data and INSAR satellite measurements of the mean ground velocity of 2.464 residential homes is analyzed quantitatively. The results reveal no significant negative relationship between the level of subsidence and housing value in the municipality of Groningen in the years 2020 and 2021. Additional inquiry into the theorized catalyzers of the relationship between subsidence and housing value, building period, and maintenance level did not yield helpful insights.
| Item Type: | Thesis (Master) |
|---|---|
| Degree programme: | Economic Geography |
| Supervisor: | Daams, M.N. |
| Date Deposited: | 17 Jul 2024 08:58 |
| Last Modified: | 17 Jul 2024 08:58 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4621 |
Actions (login required)
 |
View Item |