Unbundling curbside parking costs from housing prices

Bakış, Ozan and İnci, Eren and Şentürk, Rifat Ozan (2018) Unbundling curbside parking costs from housing prices. Journal of Economic Geography . ISSN 1468-2702 (Print) 1468-2710 (Online) Published Online First http://dx.doi.org/10.1093/jeg/lby003

There is a more recent version of this item available.

PDF
lby003.pdf
Restricted to Repository staff only
Download (384kB) | Request a copy

Official URL: http://dx.doi.org/10.1093/jeg/lby003

Abstract

This article empirically shows that at least some of the costs of curbside parking spaces are capitalized in housing prices even though these parking spaces are not formally bundled with housing units. Making use of Istanbul’s transition from free and informal curbside parking to paid and formal, we find that housing prices decreased substantially in response to city operated curbside parking, whereas rents remained statistically the same or, at best, decreased only very slightly.

Item Type:	Article
Divisions:	Faculty of Arts and Social Sciences > Academic programs > Economics Faculty of Arts and Social Sciences
Depositing User:	Eren İnci
Date Deposited:	26 Jun 2018 10:51
Last Modified:	22 May 2019 14:00
URI:	https://research.sabanciuniv.edu/id/eprint/34277

Available Versions of this Item

Unbundling curbside parking costs from housing prices. (deposited 26 Jun 2018 10:51) [Currently Displayed]
- Unbundling curbside parking costs from housing prices. (deposited 11 Feb 2019 14:58)

Actions (login required)

: View Item