PRICE EFFECTS OF LANDFILLS ON DIFFERENT HOUSE VALUE STRATA

There is little empirical research into the effects of landfills on ho use prices generally or on different categories of house price. Some s tudies indicate that landfills impose negative price effects while oth er studies offer positive effects. Some research suffers from small sa mple sizes and others from limited interpretability. No research explo res whether landfills affect prices of houses differently with respect to different price levels or strata. This study helps close these gap s in empirical work. Using the largest number of house sales near a si ngle landfill yet analyzed, this article shows negative house price ef fects associated with landfill proximity. It also shows that the price effects fall disproportionately on higher valued homes. The results g enerate new insights into the policy and planning im plications of lan dfills on urban development patterns.