Study Finds that Gasoline Prices Impact Home Values
A study published by the Brooking Institution finds varying results, depending on the neighborhood, for a study of the impact of gasoline prices on home values.
Adele Morris of the University of Nevada, Las Vegas has produced a study titled "Do Gasoline Prices Affect Residential Property Values?" [pdf] for Brookings. The first-of-its-kind study examines real estate transactions in metropolitan Las Vegas and surrounding areas in Clark County, Nevada. "The authors link 931,000 home transactions between 1976 and 2010 with gasoline prices to show that gas prices can indeed affect home values in neighborhoods differently," according to a press release announcing the study [pdf].
The researchers surmise that "gasoline prices do matter" in relation to the real estate market and home values.
Published on Thursday, December 4, 2014 in
- The Top Urban Planning Books of the Decade
- Zero Fare Transit Approved in Kansas City, Missouri
- Thinking About Infrastructure and Housing, Part 2
- 2019 Bicycle Friendly States Rankings Released
- Different Types of Pro-Development Urbanism, Explained
- Canadian Suburb Sets Sights on 'Mobility Orbit'
- How Can Cities Adapt to Rising Temperatures? Change the Weather
- Local Curbed Sites Shut Down in D.C., Seattle, New Orleans, Philadelphia
- Air Pollution, Visualized
- Updated: Requiring Space for Homeless in New Development
- Public Art and Resilience Planning
- Infrastructure Policy Reform, From the Ground Up
- E-ZPass Could Limit the Effectiveness of NYC's Congestion Charge
- Supreme Court to Decide on Homeless Public Sleeping
- Mapping Portland's 'Rose Lane Vision' Bus Priority Program
- New Train Station in North Bay Brings Commuters One Step Closer to S.F.
- Report: 'Racialized Displacement' Followed Rezonings in New York City
- Homebuilders Aren't Keeping Pace With Millennial Demand
- 'Gentle Density' to Save Neighborhoods
- In Defense of Pilot Projects
