How Do Crime Rates Affect Property Prices?

• Autores: Melek Cigdem‐Bayram, David Prentice
• Localización: Economic record, ISSN 0013-0249, Vol. 95, Nº. 0, 2019, págs. 30-38
• Idioma: inglés
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• Resumen

  • The article focuses on the effect of crime rates while measuring the cost-benefit analysis in infrastructure investments. It discusses the estimation of negative externalities affecting the property prices through the use of hedonic regression, the hedonic regression for Melbourne, and regional Victoria is estimated.