IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v29y2022i3p245-248.html
   My bibliography  Save this article

Golf courses and property prices: Is it the golf or the open space?

Author

Listed:
  • Geoffrey Propheter

Abstract

Existing research finds price premiums for homes adjacent to golf courses, but this research fails to empirically examine if the premium is due to the presence of golf or non-golf-related benefits golf courses provide such as large open spaces free of noise and congestion. Using a difference-in-difference design on homes near a golf course that closed in Denver, Colorado, there is no evidence that losing a golf course results in lower sales prices for adjacent homes. Since prices do not fall when golf is taken away, the data support the hypothesis that non-golf benefits of courses command previously observed premiums.

Suggested Citation

  • Geoffrey Propheter, 2022. "Golf courses and property prices: Is it the golf or the open space?," Applied Economics Letters, Taylor & Francis Journals, vol. 29(3), pages 245-248, February.
    • Handle: RePEc:taf:apeclt:v:29:y:2022:i:3:p:245-248
    DOI: 10.1080/13504851.2020.1861200
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2020.1861200
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2020.1861200?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xiaoxiao Li & Wen Mao & Peter A. Zaleski & Catherine Kenny, 2023. "The Ends Against the Middle: The Case of Municipal Golf," Public Finance Review, , vol. 51(3), pages 339-367, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:29:y:2022:i:3:p:245-248. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.