Housing prices and crime perception

Buonanno, Paolo; Montolio, Daniel; Raya, Josep María

doi:10.1007/s00181-012-0624-y

Cited by 57 publications

(44 citation statements)

References 34 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Buonanno et al . () also find a significant effect of crime taking this approach though they don't consider the separate effects of different types of crime.…”

Section: Resultsmentioning

confidence: 97%

“…But it is difficult to generalise from these results. Total actual (Ceccato & Wilhelmsson, 2011) and perceived (Buonanno et al, 2013) crime are also found to have significant negative effects on house prices, the latter study covering Barcelona.…”

Section: Literaturementioning

confidence: 91%

“…empirical strategy similar to that used by Buonanno et al (2013). We refer to this approach as analysing the effects of average crime rates.…”

Section: Model Data and Identification (I) Model And Datamentioning

confidence: 99%

See 2 more Smart Citations

How Do Crime Rates Affect Property Prices?

Cigdem-Bayram

Prentice²

2019

Economic Record

View full text Add to dashboard Cite

“…Buonanno et al . () also find a significant effect of crime taking this approach though they don't consider the separate effects of different types of crime.…”

Section: Resultsmentioning

confidence: 97%

Section: Literaturementioning

confidence: 91%

See 1 more Smart Citation

How Do Crime Rates Affect Property Prices?

Cigdem-Bayram

Prentice²

2019

Economic Record

View full text Add to dashboard Cite

“…The research findings of Buonanno [4] on "housing 484% of the national offense average, however, they begin to have an adverse influence. Park size was irrelevant to offense level, with all dimensions of parks in the low, medium, and high offense categories.…”

Section: Literature Reviewmentioning

confidence: 91%

Determining the Impact of Residential Neighbourhood Crime on Housing Investment Using Logistic Regression

Olajide¹,

Lizam²

2016

PoS

View full text Add to dashboard Cite

Abstract. This paper discusses the impact of criminal activities on residential property value. With regard to criminal activities, the paper emphasizes on the contribution of each component of property crime. One thousand (1000) sets of structured questionnaire were administered on the residents of residential estates within the South Western States of Nigeria out of which 467 were considered useable after the data screening. Purposive and systematic sampling techniques were used while logistic regression was used to determine the impact of each of the components of residential property crime on housing investment. The results showed the P-Values of 0.000, 0.322, 0.335, 0.545 and 0.992 for violent crime, incivilities and street crime, burglary and theft, vandalism and robbery respectively. However, the R 2 which represents the generalisation of the impact of neighbourhood crime on housing investment was 44 % and aggregate P-value was 0.000. Using the Hosmer and Lemeshow (H-L) test of goodness of fit, the model had approximately 89% predictive probability which is considered excellent. This indicates that the alternative hypothesis is upheld that residential neighbourhood crime is capable of impacting on residential property value. The policy implication of this result is that no effort should be spared in combating residential neighbourhood crime in order to boost and encourage housing investment.

show abstract

“…The work in [1] reports that property crimes have a significant negative impact on property price in London area. The work in [16] concludes that decreases of perceived security level in victimization survey is associated with decreases of the real property valuation of a district. The works in [17,18] model the effects of geographical dependencies and function diversities for ranking estate investment values.…”

Section: Related Workmentioning

confidence: 94%

The Impact of Community Safety on House Ranking

Yao

Liu

et al. 2016

Proceedings of the 2016 SIAM International Conference on Data Mining

View full text Add to dashboard Cite

It is well recognized that community safety which affects people's right to live without fear of crime has considerable impacts on housing investments. Housing investors can make more informed decisions if they are fully aware of safety related factors. To this end, we develop a safety-aware house ranking method by incorporating community safety into house assessment. Specifically, we first propose a novel framework to infer community safety level by mining community crime evidences from rich spatio-temporal historical crime data. Then we develop a ranking model which fuses multiply community safety features to rank house value based on the degree of community safety. Finally, we conduct a comprehensive evaluation of the proposed method with real-world crime and house data. The experimental results show that the proposed method substantially outperforms the baseline methods for house ranking.

show abstract

Housing prices and crime perception

Cited by 57 publications

References 34 publications

How Do Crime Rates Affect Property Prices?

How Do Crime Rates Affect Property Prices?

Determining the Impact of Residential Neighbourhood Crime on Housing Investment Using Logistic Regression

The Impact of Community Safety on House Ranking

Contact Info

Product

Resources

About