Impact of metro station proximity on apartment value in Prague
| Název práce v češtině: | Dopad vzdálenosti stanic metra na ceny bytů v Praze |
|---|---|
| Název v anglickém jazyce: | Impact of metro station proximity on apartment value in Prague |
| Klíčová slova: | ceny bytů, veřejná doprava, vzdálenost od metra, nabídkové ceny, transakční ceny, Praha |
| Klíčová slova anglicky: | apartment prices, public transportation, metro distance, offer prices, transaction prices, Prague |
| Akademický rok vypsání: | 2014/2015 |
| Typ práce: | bakalářská práce |
| Jazyk práce: | angličtina |
| Ústav: | Institut ekonomických studií (23-IES) |
| Vedoucí / školitel: | Mgr. Barbara Pertold-Gebicka, M.A., Ph.D. |
| Řešitel: | skrytý - zadáno vedoucím/školitelem |
| Datum přihlášení: | 11.05.2015 |
| Datum zadání: | 11.05.2015 |
| Datum a čas obhajoby: | 14.06.2016 08:00 |
| Místo konání obhajoby: | IES, m 206 |
| Datum odevzdání elektronické podoby: | 13.05.2016 |
| Datum proběhlé obhajoby: | 14.06.2016 |
| Oponenti: | PhDr. Hana Hejlová, Ph.D. |
| Kontrola URKUND: | |
| Seznam odborné literatury |
| DEBREZION, Ghebreegziabiher, Eric PELS a Piet RIETVELD. The Impact of Railway Stations on Residential and Commercial Property Value: A Meta-analysis. The Journal of Real Estate Finance and Economics [online]. 2007, 35(2): 161-180 [cit. 2015-06-02]. DOI: 10.1007/s11146-007-9032-z. ISSN 0895-5638. Dostupné z: http://link.springer.com/10.1007/s11146-007-9032-z
STRAND, Jon a Mette VÅGNES. The relationship between property values and railroad proximity: a study based on hedonic prices and real estate brokers' appraisals. Transportation [online]. 2001, 28(2): 137-156 [cit. 2015-06-02]. DOI: 10.1023/A:1010396902050. ISSN 00494488. Dostupné z: http://link.springer.com/10.1023/A:1010396902050 AGOSTINI, Claudio A. a Gastn A. PALMUCCI. The Anticipated Capitalisation Effect of a New Metro Line on Housing Prices. Fiscal Studies [online]. 2008, 29(2): 233-256 [cit. 2015-06-02]. DOI: 10.1111/j.1475-5890.2008.00074.x. ISSN 01435671. Dostupné z: http://doi.wiley.com/10.1111/j.1475-5890.2008.00074.x |
| Předběžná náplň práce v anglickém jazyce |
| The main purpose of this study is to examine the relationship between the real estate prices and proximity of underground stations in Prague. It appears to be logical that the distance of underground is a major factor affecting the prices of real estate. In my thesis I would like to prove this correlation in the case of Prague and then investigate the effect in the particular city districts. I will divide the analysis into various segments according to type, location, property area, etc. and I would like to explore the divergence among them. In the further analysis, I will compare the studied impact with the impact of other factors affecting real estate value (distance of tram station, number of rooms, floor number).
In order to test the hypotheses, I will collect both publicly available data from real estate agencies and data from real transactions and use online maps to determine the closeness of the particular properties to the underground stations. After creating a proper dataset, theoretical econometric model will be used to examine the significance and the actual impact of underground proximity as well as the effect of the other factors. Some of the thesis research objectives are: ▪ Is there a correlation between underground station proximity and real estate prices in Prague? ▪ Is the effect statistically significant? ▪ What are the main factors affecting real estate value in Prague? ▪ Does the underground station proximity have considerably greater effect on housing prices than the railway station proximity? ▪ Is there a difference between the underground proximity impact on transaction and offer prices? Outline 1. Introduction of the topic 2. Literature review 3. Overview of the data collection 4. Detailed description of the research 5. Evaluation of the results 6. Conclusion Literature: DEBREZION, Ghebreegziabiher, Eric PELS a Piet RIETVELD. The Impact of Railway Stations on Residential and Commercial Property Value: A Meta-analysis. The Journal of Real Estate Finance and Economics [online]. 2007, 35(2): 161-180 [cit. 2015-06-02]. DOI: 10.1007/s11146-007-9032-z. ISSN 0895-5638. Dostupné z: http://link.springer.com/10.1007/s11146-007-9032-z STRAND, Jon a Mette VÅGNES. The relationship between property values and railroad proximity: a study based on hedonic prices and real estate brokers' appraisals. Transportation [online]. 2001, 28(2): 137-156 [cit. 2015-06-02]. DOI: 10.1023/A:1010396902050. ISSN 00494488. Dostupné z: http://link.springer.com/10.1023/A:1010396902050 AGOSTINI, Claudio A. a Gastn A. PALMUCCI. The Anticipated Capitalisation Effect of a New Metro Line on Housing Prices. Fiscal Studies [online]. 2008, 29(2): 233-256 [cit. 2015-06-02]. DOI: 10.1111/j.1475-5890.2008.00074.x. ISSN 01435671. Dostupné z: http://doi.wiley.com/10.1111/j.1475-5890.2008.00074.x |