The Relationship Between Texas Real Estate Prices & Air Quality
This research examines the relative significance of housing prices on homeowners' willingness to pay for improvements to air quality. The Dallas-Fort Worth (TX) metro has continuously topped lists as one of the nation’s “most-polluted cities”. This makes the booming metro an extremely relevant area to study for this particular environmental topic. As of late, public policy has been increasingly conscious of environmental issues such as air quality. The relationship between air quality and housing values is relevant for those wishing to modify or develop new policies that would take into account the real cost of pollution in the housing market. The housing market in the United States is generally a good indicator of the relative health of the economy. Property values are assessed at any given time around the nation and are of high interest to citizens and policymakers alike. In densely populated areas with high amounts of air pollutants these values could be used to make a case against potentially harmful industries in the area. Drawing upon historical and modern data alike to establish a correlation between real estate values and air quality is crucial in determining policy implications affecting public health.
Williams, Andrew; Perrone, Breanna; Coyne, Mark; and Pollock, Nolan, "The Relationship Between Texas Real Estate Prices & Air Quality" (2015). College of Arts and Sciences Presentations. Paper 57.