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The impact of social housing developments on nearby property prices: A Nelson Mandela Bay Case Study

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  • Mario du Preez
  • Michael C. Sale

Abstract

Social housing projects often face substantial “Not-in-my-backyard†(NIMBY) sentiment and as a result are frequently plagued by local opposition from communities who argue that nearby property prices will be affected adversely by these developments. International hedonic pricing studies conducted have, however, produced mixed results with some concluding that social housing developments may in fact lead […]

Suggested Citation

  • Mario du Preez & Michael C. Sale, 2011. "The impact of social housing developments on nearby property prices: A Nelson Mandela Bay Case Study," Working Papers 241, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:241
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    More about this item

    Keywords

    Commodity prices; International trade; Public Housing; South Africa;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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