Continuation of air-services in Berlin-Tegel and its effects on housing prices

Philipp Breidenbach, Jeffrey Cohen, Sandra Schaffner

The airport Berlin-Brandenburg that has been built for several years now will take over all flights from the existing airports in Berlin. Four weeks before the expected opening of the airport its was delayed by several months. This delay was exogeneous for (potential) residents in the surrounding of the existing airport Berlin-Tegel. We analyze the effect of airport noise and proximity to the airport on housing prices. Our identification strategy is based on the expectations regarding the termination of the airport. The results suggest that there is a negative effect of noise on housing prices while there are positive effects of proximity to Berlin-Tegel.

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Year of publication:	February 11, 2019
Authors:	Breidenbach, Philipp ; Cohen, Jeffrey P. ; Schaffner, Sandra
Published in:	Jahrestagung 2019 ; no. F02-V3 Session: Applied Microeconomics - Housing ; V3
Publisher:	[Leipzig] : Verein für Socialpolitik
Subject:	Real Estate Prices \| Airports \| Aviation Noise \| Proximity \| Germany \| Deutschland \| Konsumentenverhalten \| Consumer behaviour \| Immobilienpreis \| Real estate price \| Flughafen \| Airport \| Lärm \| Noise \| Luftverkehr \| Air transport

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Extent:	1 Online-Ressource (circa 13 Seiten) Illustrationen
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Konferenzbeitrag ; Conference paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/203623 [Handle]
Classification:	R3 - Real Estate Markets, Spatial Production Analysis, and Firm Location ; R4 - Transportation Systems
Source:	ECONIS - Online Catalogue of the ZBW

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