The Effects of Infrastructure Projects on House Prices and Rents:Evidence from the HS2 Extension Cancellation in the UK

作     者：Wentao Zhu 

作者机构：Department of MathematicsLondon School of Economics and Political ScienceLondonUnited Kingdom 

出 版 物：《Journal of Sustainable Business and Economics》 (可持续商业和经济（英文）)

年 卷 期：2024年第7卷第2期

页      面：76-94页

学科分类：0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学] 

主　　题：HS2 extension cancellation Externalities House price effects Transport infrastructure Difference-in-Differences Model 

摘      要：This paper uses the HS2 extension cancellation in November 2021 as a quasi-experiment to study its impact on house prices and rents in *** a DiD approach on repeat sales and monthly rents,I compare property values near the HS2 station and proposed construction site before and after the *** show a 3.6%decrease in house prices and a 3.9%decline in rents near the station,while properties near the construction site experienced a 2.4%increase in prices and a 2.1%rise in *** is the first paper to analyse the HS2 cancellation effect using panel data methods.