Access to water as a determinant of rental values: A hedonic analysis in Rwanda
In this paper, we study the determinants of rental values in urban housing markets in Kigali, Rwanda. In particular, we study the value of access to piped water; due to the high costs associated with installing new piped connections, renting a property with an existing connection is often the only way for low income households to access piped water. Our results indicate that extending the piped network to a new house will in many cases raise the rental value of the house enough to pay for the cost of installing the new connection in less than two years.
|Date of creation:||05 Jun 2015|
|Date of revision:|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00939271v2|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Céline Nauges & Dale Whittington, 2010.
"Estimation of Water Demand in Developing Countries: An Overview,"
World Bank Research Observer,
World Bank Group, vol. 25(2), pages 263-294, August.
- NAUGES CÃ©line & WHITTINGTON Dale, 2008. "Estimation of Water Demand in Developing Countries: An Overview," LERNA Working Papers 08.20.264, LERNA, University of Toulouse.
- Paul K. Asabere, 2004. "The Pricing of the Emergent Leasehold (Possessory) Estates of Ghana," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 32(4), pages 673-694, December.
- Gulyani, Sumila & Talukdar, Debabrata, 2008. "Slum Real Estate: The Low-Quality High-Price Puzzle in Nairobi's Slum Rental Market and its Implications for Theory and Practice," World Development, Elsevier, vol. 36(10), pages 1916-1937, October.
- Nauges, Céline & Van Den Berg, Caroline, 2009. "Perception of Health Risk and Averting Behavior: An Analysis of Household Water Consumption in Southwest Sri Lanka," TSE Working Papers 09-139, Toulouse School of Economics (TSE).
- Paul Kwadwo Asabere, 1981. "# The Determinants of Land Values in an African City: The Case of Accra, Ghana," Land Economics, University of Wisconsin Press, vol. 57(3), pages 385-397.
- Baisa, Brian & Davis, Lucas & Salant, Stephen W. & Wilcox, William, 2008.
"The Welfare Costs of Unreliable Water Service,"
9812, University Library of Munich, Germany.
- Onjala, Joseph & Ndiritu, Simon Wagura & Stage, Jesper, 2013. "Risk Perception, Choice of Drinking Water, and Water Treatment: Evidence from Kenyan Towns," Discussion Papers dp-13-10-efd, Resources For the Future.
- Nauges, Celine & Strand, Jon, 2007. "Estimation of non-tap water demand in Central American cities," Resource and Energy Economics, Elsevier, vol. 29(3), pages 165-182, September.
- Michael Els & Dieter Von Fintel, 2010. "Residential Property Prices In A Submarket Of South Africa: Separating Real Returns From Attribute Growth," South African Journal of Economics, Economic Society of South Africa, vol. 78(4), pages 418-436, December.
- Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
- Jalan, Jyotsna & Somanathan, E., 2008. "The importance of being informed: Experimental evidence on demand for environmental quality," Journal of Development Economics, Elsevier, vol. 87(1), pages 14-28, August.
- Cropper, Maureen L & Deck, Leland B & McConnell, Kenneth E, 1988. "On the Choice of Functional Form for Hedonic Price Functions," The Review of Economics and Statistics, MIT Press, vol. 70(4), pages 668-75, November.
- Cassel, Eric & Mendelsohn, Robert, 1985. "The choice of functional forms for hedonic price equations: Comment," Journal of Urban Economics, Elsevier, vol. 18(2), pages 135-142, September.
When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:halshs-00939271. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)
If references are entirely missing, you can add them using this form.