Access to water as determinant of rental values: A housing hedonic analysis in Rwanda

Johanna Choumert-Nkolo, Jesper Stage and Claudine Uwera

Journal of Housing Economics, 2014, vol. 26, issue C, 48-54

Abstract: In this paper, we study the determinants of rental values in urban housing markets in Kigali, Rwanda. In particular, we study the value of access to piped water; due to the high costs associated with installing new piped connections, renting a property with an existing connection is often the only way for low income households to access piped water. Our results indicate that extending the piped network to a new house will in many cases raise the rental value of the house enough to pay for the cost of installing the new connection in less than two years.

Keywords: Africa; Rwanda; Water access; Hedonic price; Real estate; Non-market valuation (search for similar items in EconPapers)
JEL-codes: O18 Q51 Q56 R21 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jhouse:v:26:y:2014:i:c:p:48-54

DOI: 10.1016/j.jhe.2014.08.001

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