Bakış, Ozan and İnci, Eren and Şentürk, Rıfat Ozan (2019) Unbundling curbside parking costs from housing prices. Journal of Economic Geography, 19 (1). pp. 89-119. ISSN 1468-2702 (Print) 1468-2710 (Online)
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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 |
|---|---|
| Uncontrolled Keywords: | Parking; housing prices; rents |
| Divisions: | Faculty of Arts and Social Sciences > Academic programs > Economics Faculty of Arts and Social Sciences |
| Depositing User: | Eren İnci |
| Date Deposited: | 11 Feb 2019 14:58 |
| Last Modified: | 31 Jul 2023 13:49 |
| URI: | https://research.sabanciuniv.edu/id/eprint/36830 |
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Unbundling curbside parking costs from housing prices. (deposited 26 Jun 2018 10:51)
- Unbundling curbside parking costs from housing prices. (deposited 11 Feb 2019 14:58) [Currently Displayed]
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