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THE IMPACT OF GOLF COURSES IN HOUSING DEMAND

Paloma Taltavull de La Paz () and Armando Ortuño

ERES from European Real Estate Society (ERES)

Abstract: The paper undertakes the role of golf courses to housing demand mobility in Valencia and Murcia regions, Spain. The study analyzes those characteristics of the golf players owning a golf-course house and their reasons to move to the golf course residential area. The exercise uses methods of Panel econometric analysis applied on primary data obtained from about 1300 questionnaire gathered in main golf courses. Results show how golf courses could have played an important role diversifying residential areas in all regions and attracting new housing demand.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2010-01-01
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