자원회수시설이 공동주택가격에 미치는 영향의 공간적 범위에 대한 연구

Abstract

The purpose of this study is to identify the spatial extent of the area where the discount in housing prices takes place due to the proximity to a resource recovery facility in the Nowon-Gu of Seoul, Korea. In this study, a hedonic price function with distance bands is used to identify the spatial extent. The result from the estimated hedonic function with distance bands shows that the negative price influence from the resource recovery facility reaches up to 900 meters from the resource recovery facility in the Nowon-Gu. Although this result reflects the specific situation of the Nowon-Gu housing market, it implies that Korean home buyers tend to consider a wider area as the area negatively influenced by resource recovery facilities in urban areas. Considering the results, planners may create a wider buffer area up to 1km around newly proposed urban resource recovery facilities so that the number of housing units affected by the negative price impact could be minimized.