Year-end Sale % OFF 
Abstract
A recent LNG terminal building boom has, in turn, produced a natural gas pipeline building boom. Some property owners have expressed concern that a pipeline would reduce the values of nearby properties. This study uses the hedonic housing price approach to estimate the impacts of pipeline. The study finds that proximity to a natural gas pipeline has no statistically or economically significant impact on residential property values. These results are consistent with previous published research and suggest that the positive amenity potential associated with pipeline proximity exceed and perceived costs associated with potential safety or environmental risks.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
