Snijders, E.W.G. (2015) Housing prices, snow accessibility and global warming: The effects in Swiss mountain areas. Master thesis.
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Abstract
Within this paper the neglected issue of the relation between snow, climate change and house values in Switzerland is studied. Using a unique dataset, consisting of 3691observations from the Swiss mountains, the current relation between accessible snow and residential property prices is determined. The spatial model proved that the most relevant factors, related to snow, considerably affect the value of a house. Together with three climate change scenarios this information has been used to analyse the future effects of snow on house values. The results show that, based on natural snow, many ski resorts will not be snow reliable any more, at the end of this century. This will have a huge impact on the local economy and its property market. Artificial snow equipment provides a solution, however, for almost all ski resorts in the country. Even in the most extreme climate change scenario, many resort remain snow reliable.
| Item Type: | Thesis (Master) |
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| Degree programme: | Real Estate Studies |
| Supervisor: | Liu, X. |
| Date Deposited: | 23 Apr 2020 05:18 |
| Last Modified: | 23 Apr 2020 05:18 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/594 |
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