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

Johanna Choumert-Nkolo, Jesper Stage and Claudine Uwera
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Claudine Uwera: GU - Göteborgs Universitet = University of Gothenburg

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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)
Date: 2014
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Citations: View citations in EconPapers (11)

Published in Journal of Housing Economics, 2014, 26, pp.48-54

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Journal Article: Access to water as determinant of rental values: A housing hedonic analysis in Rwanda (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01064969

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