Impacts of Ground Water Contamination on Property Values: Agricultural Run-off and Private Wells

Impacts of Ground Water Contamination on Property Values: Agricultural Run-off and Private Wells
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地下水污染对房产价值的影响:农业径流和私人水井

DOI:
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发表时间:
2016
影响因子:
1.3
通讯作者:
R. Northcutt
R. Northcutt
中科院分区:
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文献类型:
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作者:
Dennis Guignet;P. Walsh;R. Northcutt

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很少有研究探讨地下水质量对住宅物业价值的影响。使用一个独特的数据集的井测试,我们联系住宅真实的房地产交易,以家庭特定的污染,并在湖县,佛罗里达,在那里的污染问题主要涉及到农业径流的销售进行享乐分析。我们发现,最近的测试和地下水污染对应于房屋价值的2- 6%的贬值,随着时间的推移,这种影响会逐渐减少。关注氮基污染,我们发现,价格下降主要是当浓度超过监管健康标准时,这意味着在两倍于标准的水平上贬值高达15%。
Few studies have examined the impacts of ground water quality on residential property values. Using a unique data set of well tests, we link residential real estate transactions to home-specific contamination and conduct a hedonic analysis of sales in Lake County, Florida, where pollution concerns relate primarily to agricultural run-off. We find that recent testing and contamination of ground water there correspond to a 2–6 percent depreciation in home values, an effect that diminishes over time. Focusing on nitrogen-based contamination, we find that prices decline mainly when concentrations exceed the regulatory health standard, suggesting as much as a 15 percent depreciation at levels twice the standard.