Brownfield Areas and Housing Value: Evidence from Milan
Using a transaction price database, in this paper we evaluate the economic effect of abandoned and derelict real estate areas on housing prices in Milan Italy from 1993 to 2016. We find that brownfields are widespread throughout Milan, with larger abandoned and derelict areas prevalent in the suburb...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2019-01-01
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Series: | Journal of Sustainable Real Estate |
Subjects: | |
Online Access: | http://dx.doi.org/10.22300/1949-8276.11.1.60 |