
The impact of infrastructure setting litigation on residential property values in Paris’s suburban zones
Pham, Hai Vu; Simon, Arnaud; Torre, André (2010), The impact of infrastructure setting litigation on residential property values in Paris’s suburban zones, 17th annual international conference of the European Real Estate Society (ERES 2010), 2010-06, Milan, Italie
Type
Communication / ConférenceDate
2010Titre du colloque
17th annual international conference of the European Real Estate Society (ERES 2010)Date du colloque
2010-06Ville du colloque
MilanPays du colloque
ItaliePages
22
Métadonnées
Afficher la notice complèteRésumé (EN)
The presence of nearby public facility contributes to real-estate’s value, that’s why the market may expect impact of public project on house’s price. But undesirable and semi-desirable facility location choices can be contested by close inhabitants, because they are source of negative externalities or negative expectations. In suburban zones of Paris’s agglomeration, the oppositions to these infrastructures become frequent, and an official project’s announce does not mean automatically its implementation. Through 3 case studies, we explore the way the expectation mechanism is affected by legal conflicts driven by close inhabitants. We suppose that the expectation process depends on the to-be-realized-chance of the project. As the conflict activities amplify or reduce the certainty on the new facility’s arrival, market’s perception on the infrastructure varies among the different periods of conflicts. The variation is captured by our hedonic model.Mots-clés
market’s expectation; facility setting conflict; house’s pricePublications associées
Affichage des éléments liés par titre et auteur.
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Torre, André; Pham, Hai Vu; Simon, Arnaud (2015-10) Article accepté pour publication ou publié
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Pham, Hai Vu; Torre, André; Simon, Arnaud (2010) Document de travail / Working paper
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Conflicts in suburban land use and administrative litigation. The case of the Île-de-France region Pham, Hai Vu; Kirat, Thierry (2010) Article accepté pour publication ou publié
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Kirat, Thierry; Pham, Hai Vu; Torre, André (2012) Article accepté pour publication ou publié
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Kirat, Thierry; Pham, Hai Vu; Torre, André (2013) Article accepté pour publication ou publié