2017
DOI: 10.3390/su9112088
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The Impact of Aircraft Noise on Housing Prices in Poznan

Abstract: Abstract:In the paper, we analyzed the impact of aircraft noise on housing prices. We used a dataset containing geo-coded transactions for 1328 apartments and 438 single-family houses in the years 2010 to 2015 in Poznan. In this research, the hedonic method was used in OLS (ordinary least squares), WLS (weighted least squares), SAR (spatial autoregressive model) and SEM (spatial error model) models. We found strong evidence that aircraft noise is negatively linked with housing prices, which is in line with pre… Show more

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Cited by 43 publications
(44 citation statements)
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References 63 publications
(47 reference statements)
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“…The hedonic price method was also used to find a statistically significant negative relationship between residential real estate values and airport noise and the proximity to the airport in the Reno-Sparks area [9,10]. Trojanek R. et al [6] analysed the impact of aircraft noise on housing prices using the hedonic method and the OLS (ordinary least squares), WLS (weighted least squares), SAR (spatial autoregressive model) and SEM (spatial error model) models.…”
Section: Theoretical Basic Of Conducted Researchmentioning
confidence: 99%
See 1 more Smart Citation
“…The hedonic price method was also used to find a statistically significant negative relationship between residential real estate values and airport noise and the proximity to the airport in the Reno-Sparks area [9,10]. Trojanek R. et al [6] analysed the impact of aircraft noise on housing prices using the hedonic method and the OLS (ordinary least squares), WLS (weighted least squares), SAR (spatial autoregressive model) and SEM (spatial error model) models.…”
Section: Theoretical Basic Of Conducted Researchmentioning
confidence: 99%
“…There is no doubt that an increase in the level of aircraft noise is, and will continue to be, an increasingly serious problem for people living in the vicinity of airports (both large international airports and less important local ones). Three factors influence noise burden: the number of flights, the level of noise emitted by each airplane and the time of flight [6]. In many cases, there is a strong tension between economic sustainability (long-term economic growth, stable employment, infrastructure development), and environmental sustainability (limitation of negative externalities-noise, pollution) of the airport's operation.…”
Section: Introductionmentioning
confidence: 99%
“…The highest concentration of positive residues was recorded in the central parts of the city, which at the same time are perceived as the most attractive. Negative residuals concern mainly the areas in the southern and eastern parts of the city, which are related mainly to the difficulties in transport accessibility, as well as to the aircraft noise from the military airport Krzesiny [64].…”
Section: Price Modelling and Mappingmentioning
confidence: 99%
“…It has now been demonstrated by many studies that prolonged exposure to noise can induce cardiovascular disease [7,8], alterations in blood pressure [9,10], respiratory diseases [11], hypertension [12], learning impairment [13,14], annoyance [15,16], and sleep disturbance [17][18][19]. In very recent years, awareness on the subject has also reflected on house pricing [20].…”
Section: Introductionmentioning
confidence: 99%