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Access to water as a determinant of rental values: A hedonic analysis in Rwanda

Domain:

socioeconomic

Record type:

paper
Creator:
ChoStaUwe
Editor:
CenMidUni
Publisher:
CCSD
Host:avatar
Etudes & documents In this paper, we study the determinants of rental values in urban housing markets in Kigali, Rwanda. In particular, we study the value of access to piped water; due to the high costs associated with installing new piped connections, renting a property with an existing connection is often the only way for low income households to access piped water. Our results indicate that extending the piped network to a new house will in many cases raise the rental value of the house enough to pay for the cost of installing the new connection in less than two years.

Visit

shs.hal.science

Tags

Africarwandawater accesshedonic pricereal estatenon-market valuation[SHS.ECO]Humanities and Social Sciences/Economics and Finance

Licenses

info:eu-repo/semantics/OpenAccess

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