Journal
APPLIED ACOUSTICS
Volume 72, Issue 4, Pages 133-141Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.apacoust.2010.11.004
Keywords
Traffic noise; Hedonic pricing; High density urban areas; Property market differences
Categories
Ask authors/readers for more resources
This paper reports a revealed preference study into the different effects of road traffic noise on property values in residential areas with similarly high road traffic sound levels but with what appear to be important differences in the market for different types of residential property in each area. The results show significant differences in the revealed effects of noise on property prices between the three areas with in one case an increasing (and possibly misleading) relationship between higher monetary values and higher sound levels. A number of possible explanations for the findings are discussed in the paper. Crown Copyright (c) 2010 Published by Elsevier Ltd. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available