Golf courses and property prices: Is it the golf or the open space?

Existing research finds price premiums for homes adjacent to golf courses, but this research fails to empirically examine if the premium is due to the presence of golf or non-golf-related benefits golf courses provide such as large open spaces free of noise and congestion. Using a difference-in-diff...

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Bibliographic Details
Published in:Applied economics letters 2022-02, Vol.29 (3), p.245-248
Main Author: Propheter, Geoffrey
Format: Article
Language:English
Subjects:
difference-in-difference
Economic analysis
Economic theory
Economics
Golf
Golf courses
home prices
JEL Codes: R30
Noise
Open space
Premiums
Prices
Sales
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