The effect of localized density on housing prices in Singapore
This paper measures how localized residential density impacts housing prices in Singapore. Using exogenous variation in residential density, we find that an increase in density causes non-trivial decreases in property values: a 10% increase in density decreases price per square foot by between 1.3%...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2018
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/cis_research/8 https://ink.library.smu.edu.sg/context/cis_research/article/1007/viewcontent/1_s2.0_S0166046217301941_main.pdf |
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| Institution: | Singapore Management University |
| Language: | English |