Hatton MacDonald, Darla; Crossman, N.; Mahmoudian, Parvin; Taylor, Laura O.; Summers, David; Boxall, Peter C.
Numerous studies have been published that consider the relationship between open spaces and property values. In this study, we examine the potential impact of water restrictions on the value of different types of green space. Restrictions on the use of water on outdoor areas are a popular means for governments or utilities to limit water use in urban areas. In this paper, a hedonic pricing model is used to analyse the effects that increasingly severe water restrictions might have on the...[Show more]
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