2017
DOI: 10.1515/remav-2017-0022
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The Impact of Crime on Residential Property Value - On the Example of Szczecin

Abstract: The decisions of buyers on the housing market are not only the sum of their subjective expectations but also of the perception of real estate through a prism of opinions and suggestions arising from the surroundings. One of the basic criteria driving households determined to meet basic housing needs is security. The aim of the study is to identify the relationship between the transaction prices of housing and the crime rate in the various districts of Szczecin. For this purpose, data from the Regional Police H… Show more

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Cited by 7 publications
(5 citation statements)
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“…Based on the analysis, 20 projects were assigned to the S group and 16 projects to the SA group in all towns. In group S, the largest number are S2 (10) development projects, then S1 (6), and the least are S3 projects (4). Of the recreational and sports space projects, the largest number concerns sidewalks, cycling, and walking routes, and recreational areas by the water (rivers, lakes).…”
Section: The Results Of the Analysis Of Spatial Development Divided Imentioning
confidence: 99%
See 1 more Smart Citation
“…Based on the analysis, 20 projects were assigned to the S group and 16 projects to the SA group in all towns. In group S, the largest number are S2 (10) development projects, then S1 (6), and the least are S3 projects (4). Of the recreational and sports space projects, the largest number concerns sidewalks, cycling, and walking routes, and recreational areas by the water (rivers, lakes).…”
Section: The Results Of the Analysis Of Spatial Development Divided Imentioning
confidence: 99%
“…However, to complex problems related to urban development planning, it is difficult to find solutions, which are correct or false, or answers on how the idealized planning should function [1]. Experience of recent decades in urbanization processes [2] shows that ignoring the issue of quality of urban development may influence many aspects of life like poverty [3], crime [4], public health [5], socialization [6], and many others. That leads to demographic changes which are caused by migrations [7] and as a result influence the development of unsustainable urban forms like low-density urban sprawl in suburban zones [8].…”
Section: Introductionmentioning
confidence: 99%
“…There is no clear spatial distribution of transactions that could characterise the pattern of clients' interests, which is a unique observation in the case of a small-sized city. In the case of districts located in a central part of the city that saw either increases or decreases in the number of transactions, the neighbourhood's spatial character could relate to its prestige (Foryś and Putek-Szelag 2017), much like what is observed during gentrification, or it could be the result of investment from developers (decisions made before the pandemic. One factor influencing the prestige of a location could be access to open spaces that offer an opportunity for recreation within the neighbourhood in which one lives.…”
Section: Discussionmentioning
confidence: 99%
“…The most significant variable in this subcategory is “crime rate in the neighborhood,” selected with an RII value of 0.91 and ranked 9 among all categories. Several investigations about the impact of crime on property value are found in the literature (Ihlanfeldt and Mayock, 2010; Foryś and Putek-Szeląg, 2017). The type of crime is also important in the context of urban Kerala while dealing with crime and property value.…”
Section: Discussionmentioning
confidence: 99%