eprintid: 4538
rev_number: 4
eprint_status: archive
userid: 1
dir: disk0/00/00/45/38
datestamp: 2024-07-03 07:33:40
lastmod: 2024-07-03 07:33:40
status_changed: 2024-07-03 07:33:40
type: thesis
metadata_visibility: show
sword_depositor: 1
creators_name: Roodbergen, Rick
creators_id: S3698157
creators_email: rickroodbergen@hotmail.com
title: Winning Streaks and Housing Peaks. An investigation in professional sports success and real estate sale prices
ispublished: unpub
full_text_status: public
abstract: This thesis studies the relationship between the success of the local NFL team and if this success changes the amount of influence the local sports stadium has on the surrounding real estate market. The incorporation of sports team athletic success adding to the current available literature on sports stadiums and real estate markets. The study evaluates the effects of a Super Bowl victory on the local real estate market surrounding the team's home stadium in three cities which won a Super Bowl in the last 20 years. Utilizing a difference-in-difference model, the thesis explores the possible correlation between the proximity of a sports stadium and housing prices, while also investigating the link between athletic success and housing market outcomes in the vicinity of the stadium. The results show a negative relationship in the city of Denver, indicating that in the year following the Super Bowl, houses in the direct vicinity of the stadium sold at a slight discount. No relationship was found in the cities of Pittsburgh and Tampa. Despite limitations in data sources and variables, the findings contribute to the understanding of the economic influence of sports stadiums on local housing markets and provide valuable insights for policymakers considering public funding for stadium construction.
date: 2024
pages: 37
thesis_type: master
degree_programme: VG
tutors_name: Liu, X.
tutors_organization: Fac. Ruimtelijke wetenschappen, Basiseenheid Economische Geografie
tutors_email: Xiaolong.Liu@rug.nl
security: public
keywords_local: Real estate
keywords_local: Sports Success
keywords_local: Difference-in-Difference
keywords_local: Spatial
keywords_local: American Football
keywords_local: NFL
keywords_local: Hedonic Pricing
language_iso: en
date_issued: 2024-07-02
comment: Geen bezwaar
citation:   Roodbergen, Rick  (2024) Winning Streaks and Housing Peaks. An investigation in professional sports success and real estate sale prices.  Master thesis.   
document_url: https://frw.studenttheses.ub.rug.nl/4538/1/MastersThesisRickRoodbergen.pdf