Cho, Seong-Hoon; Kim, Seung Gyu; Roberts, Roland - In: Journal of Environmental Planning and Management 54 (2011) 1, pp. 71-91
This research suggests that consumers' marginal willingness to pay for environmental landscape attributes, such as water view, developed open space and forest-land open space, decreased during the 2008 recession compared to the 2000-2006 real estate boom. Estimates were obtained from a spatial...