New housing developments in the UK generally do not lower prices in surrounding areas
Whitehead, C. & Sagor, E.
(2015).
New housing developments in the UK generally do not lower prices in surrounding areas.
Does new housing development always reduce the value of existing properties around that development? In this article, Christine Whitehead and Emma Sagor examine the evidence, finding that house prices do not always decline around new housing developments as many fear, at least not for a sustained period of time. There were sometimes short term price reductions during or immediately after the construction period.
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2015 The Author(s) CC BY-NC-ND 3.0 |
| Departments | LSE |
| Date Deposited | 10 Apr 2017 |
| URI | https://researchonline.lse.ac.uk/id/eprint/73278 |