Koetter, Michael; Winter, Birte; Wöbbeking, Carl Fabian - Leibniz-Institut für Wirtschaftsforschung Halle - 2025
We study how and why local biodiversity affects residential property values. Leveraging remotely sensed greenness indicators and a novel dataset of granular property listings, we examine how changes in vegetation load on real estate prices. Hikes in greenness are associated with higher listing...