The Effect of Impact Fees on the Price of New Single-family Housing

The Effect of Impact Fees on the Price of New Single-family Housing
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影响费对新建单户住宅价格的影响

DOI:
10.1080/0042098042000214806
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发表时间:
2004
期刊:
影响因子:
4.7
通讯作者:
H. Blanco
H. Blanco
中科院分区:
经济学2区
文献类型:
--
作者:
S. Mathur;P. Waddell;H. Blanco

文献摘要

被引文献

相似文献

本文利用 1991 年至 2000 年期间华盛顿州金县 38 个城镇的单户住房销售交易清单,提供了关于影响费对房价影响的新证据。尽管之前已经研究过影响费对房价的影响,但早期的研究因方法上的缺陷而受到限制。本文从住房质量的角度考察了影响费对新建住房的影响及其对房价的差异效应,发现影响费对新建住房价格的影响相当显着且富有弹性,使新建住房价格上涨约占影响费金额的166%。对于较高质量的房屋而言,增幅为 358%,而对于较低质量的房屋而言,这一增幅在统计上微不足道。
This paper provides new evidence on the effects of impact fees on housing prices, using an inventory of single-family housing sale transactions in the 38 cities and towns within King County, Washington, for the period 1991-2000. Although the effect of impact fees on housing prices has been examined previously, earlier studies have been limited by methodological deficiencies. This paper examines the effect of impact fees on new housing and their differential effect on housing price based on the quality of housing, and finds that the effect of impact fees on the price of new housing is quite significant and elastic, raising new home prices by about 166 per cent of the amount of the fee. The increase is 358 per cent for the higher-quality homes and is statistically insignificant for the lower-quality homes.