eprintid: 4775
rev_number: 6
eprint_status: archive
userid: 1
dir: disk0/00/00/47/75
datestamp: 2024-10-07 11:28:21
lastmod: 2024-10-07 11:28:21
status_changed: 2024-10-07 11:28:21
type: thesis
metadata_visibility: show
sword_depositor: 1
creators_name: Lenting, Gijs
creators_id: S5388724
creators_email: g.w.lenting@student.rug.nl
title: The Association of Housing Supply Growth and Housing Prices in Paris: A quantitative approach from 2021 - 2023
ispublished: unpub
full_text_status: public
abstract: This study explores the relationship between housing prices and housing supply growth in Paris from 2021 to 2023 through a hedonic multiple regression model. The results show a significant positive linear relationship between the addition of housing supply and house prices in Paris. Findings show that adding 100 dwellings per square kilometre leads to a 1.91% increase in transaction prices. This highlights the impact of additional housing stock on the neighbourhood attractiveness. Additionally, no significant relationship is found between housing density and housing prices. However, this study is conducted using a limited dataset, which may include multicollinearity, and inaccuracies in data. Despite these limitations, the research illustrates the complexity of housing markets and the need for policymakers to recognize that increasing housing supply may not lower prices. This follows the theory of DiPasquale and Wheaton (1992), which suggests that excessive demand can cause prices to increase even when housing stock is added. Future research should expand the dataset and improve data accuracy to show the impact of specific government policies on housing supply.
date: 2024
pages: 35
thesis_type: pre_master
degree_programme: VG
tutors_name: Van Duin, I.M.
tutors_organization: Duisenberg Gebouw, Educational Quality
tutors_email: i.m.van.duin@rug.nl
security: public
keywords_local: Affordable housing
keywords_local: housing prices
keywords_local: housing supply
keywords_local: government policies
language_iso: en
date_issued: 2024-10-07
citation:   Lenting, Gijs  (2024) The Association of Housing Supply Growth and Housing Prices in Paris: A quantitative approach from 2021 - 2023.  Pre-master thesis.   
document_url: https://frw.studenttheses.ub.rug.nl/4775/1/Bachelor-Thesis-Pre-master-Real-Estate-Studies-14-06-2024---G.-Lenting---S5388724---Final-version.pdf