@unpublished{theses_frw4621,
          author = {Daan Feldkamp},
           title = {Sinking surface, sinking sales? The effects of soil subsidence on housing values in the municipality of Groningen},
            year = {2024},
        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.},
             url = {https://frw.studenttheses.ub.rug.nl/4621/}
}