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A study of metro’s influence on the primary housing market in Warsaw, Poland

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cris.lastimport.scopus2024-02-12T19:56:42Z
dc.abstract.enResidential real estate prices vary significantly, being susceptible to numerous components. One of the most contributing factors is thought to be the proximity of an underground train (metro) station. Classically, the relationship between housing prices and distance to a metro station is measured by a hedonic model. This paper presents a new method to study such a relationship, and it is a new composite index – Metro Station Proximity Effect Estimator (MSPEE), which allows looking at differences between not only metro stations but also the city districts. The MSPEE index was calculated as a mean of a set of sub-indicators, assembled as variables determining the final value of the composite indicator. Through the MSPEE index as well as more traditional methods, the paper suggests and illustrates a generally strong negative correlation between the proximity of Metro and apartment prices. Moreover, the study lists and describes exceptions to the trend around Warsaw.
dc.affiliationUniwersytet Warszawski
dc.contributor.authorFuhrmann, Magdalena
dc.contributor.authorDąbski, Maciej
dc.contributor.authorKuśmierz, Jakub
dc.date.accessioned2024-01-24T18:13:19Z
dc.date.available2024-01-24T18:13:19Z
dc.date.copyright2023-02-20
dc.date.issued2023
dc.description.accesstimeAT_PUBLICATION
dc.description.financePublikacja bezkosztowa
dc.description.number4
dc.description.versionFINAL_PUBLISHED
dc.description.volume67
dc.identifier.doi10.48128/PISG/2022-67.4-01
dc.identifier.issn0208-4589
dc.identifier.urihttps://repozytorium.uw.edu.pl//handle/item/101883
dc.identifier.weblinkhttps://wgsr.uw.edu.pl/pisg/?p=2259
dc.languageeng
dc.pbn.affiliationsocio-economic geography and spatial management
dc.relation.ispartofPrace i Studia Geograficzne
dc.relation.pages7-26
dc.rightsCC-BY-NC-ND
dc.sciencecloudnosend
dc.subject.enmetro
dc.subject.enhousing prices
dc.subject.enMetro Station Proximity Effect Estimator
dc.titleA study of metro’s influence on the primary housing market in Warsaw, Poland
dc.typeJournalArticle
dspace.entity.typePublication