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Living in a Smart City Affects the Value of a Dwelling?

In: Sustainable Smart Cities

Author

Listed:
  • Josep María Raya

    (Universitat Pompeu Fabra)

  • Pablo García Estévez

    (CUNEF, Colegio Universitario de Estudios Financieros)

  • Camilo Prado-Román

    (Facultad de Ciencias Jurídicas y Sociales)

  • José Torres Pruñonosa

    (Carrer Aragó)

Abstract

From 1998 to 2007, Spain has experienced one of the most important housing booms among developed economies. In this line and against the background of economic and technological changes caused by the globalization and the integration process, the cities face the challenge of combining competitiveness and sustainable urban development simultaneously. Smart cities are those that have a system of innovation and networking to give cities a model for improving economic and political efficiency by allowing the social, cultural, and urban development. The aim of this chapter is double: first, to know if the physical characteristics and location of a dwelling affect the selling price of the same, and second, to know if living in a smart city affects the value of a dwelling, and if the buyer is willing to pay more for a dwelling if it is located in a smart city.

Suggested Citation

  • Josep María Raya & Pablo García Estévez & Camilo Prado-Román & José Torres Pruñonosa, 2017. "Living in a Smart City Affects the Value of a Dwelling?," Innovation, Technology, and Knowledge Management, in: Marta Peris-Ortiz & Dag R. Bennett & Diana Pérez-Bustamante Yábar (ed.), Sustainable Smart Cities, chapter 0, pages 193-198, Springer.
    • Handle: RePEc:spr:innchp:978-3-319-40895-8_14
    DOI: 10.1007/978-3-319-40895-8_14
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    Citations

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    Cited by:

    1. Raya, Josep Maria & Torres-Pruñonosa, Jose, 2022. "The importance of administrative data in the evaluation of the incidence of social housing allowance programmes," Evaluation and Program Planning, Elsevier, vol. 94(C).
    2. Jose Torres-Pruñonosa & Pablo García-Estévez & Josep Maria Raya & Camilo Prado-Román, 2022. "How on Earth Did Spanish Banking Sell the Housing Stock?," SAGE Open, , vol. 12(1), pages 21582440221, March.

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