Measuring the Externality Effects of Commercial Land Use on Residential Land Value: A Case Study of Seoul

Two contrasting theories purport to explain the effects of neighborhood non-residential use on residential property values. In traditional zoning theory, separating land from commercial land use is considered to protect residential environments from negative externalities such as noise, litter, and...

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Bibliographic Details
Main Authors: Hee Jin Yang, Jihoon Song, Mack Joong Choi
Format: Article
Language:English
Published: MDPI AG 2016-04-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/8/5/432