The impact of infrastructure setting litigation on residential property values in Paris’s suburban zones

Pham, Hai Vu; Simon, Arnaud; Torre, André

dc.contributor.author	Pham, Hai Vu HAL ID: 737021 ORCID: 0000-0002-7911-6852
dc.contributor.author	Simon, Arnaud
dc.contributor.author	Torre, André HAL ID: 743984 ORCID: 0000-0001-5644-7520
dc.date.accessioned	2011-02-05T16:51:24Z
dc.date.available	2011-02-05T16:51:24Z
dc.date.issued	2010
dc.identifier.uri	https://basepub.dauphine.fr/handle/123456789/5658
dc.language.iso	en	en
dc.subject	market’s expectation	en
dc.subject	facility setting conflict	en
dc.subject	house’s price	en
dc.subject.ddc	333	en
dc.subject.classificationjel	H76	en
dc.subject.classificationjel	R21	en
dc.subject.classificationjel	D62	en
dc.subject.classificationjel	K41	en
dc.title	The impact of infrastructure setting litigation on residential property values in Paris’s suburban zones	en
dc.type	Communication / Conférence
dc.description.abstracten	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.	en
dc.identifier.citationpages	22	en
dc.description.sponsorshipprivate	oui	en
dc.subject.ddclabel	Economie de la terre et des ressources naturelles	en
dc.relation.conftitle	17th annual international conference of the European Real Estate Society (ERES 2010)	en
dc.relation.confdate	2010-06
dc.relation.confcity	Milan	en
dc.relation.confcountry	Italie	en