Energy efficiency and economic value in affordable housing

Energy Policy

Volumn 97, Issue , 2016, Pages 39-49

  Chegut, Andrea ^a   Eichholtz, Piet ^b   Holtermans, Rogier ^b  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b MAASTRICHT UNIVERSITY   (Netherlands)

Author keywords

Affordable housing; Energy efficiency; Energy performance certificates

Indexed keywords

BUILDINGS; COMMERCE; ECONOMICS; ENVIRONMENTAL MANAGEMENT; HOUSING; INVESTMENTS; SALES;

AFFORDABLE HOUSING; ECONOMIC VALUES; ENERGY EFFICIENT; ENERGY EFFICIENT DWELLINGS; ENERGY PERFORMANCE; ENVIRONMENTAL PERFORMANCE; HIGH ENERGY EFFICIENCY; HOUSING STOCK;

ENERGY EFFICIENCY;

AFFORDABLE HOUSING; ENERGY EFFICIENCY; ENERGY USE; INVESTMENT; RENTAL SECTOR;

NETHERLANDS;

EID: 84978300313     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2016.06.043     Document Type: Article

References (32)

1. Aedes, 2013a. Expert: Wie wonen er in een corporatiewoning? Retrieved January 28, 2014, (from) 〈〉.
2. Aedes, 2013b. Expert: Hoe ziet de gemiddelde corporatiewoning eruit? Retrieved January 28, 2014, (from) 〈〉.
3. Autoriteit Woningcorporaties, 2012. De corporatiesector in cijfers. Retrieved February 10, 2014, (from) 〈〉.
4. Autoriteit Woningcorporaties, 2013. Jaarverslag 2012: Toezicht Door financie¨le risicoanalyses eN interventie: Centraal Fonds Volkshuisvesting.
5. Bertoldi, P., Hirl, B., Labanca, N., 2012. Energy efficiency report status update 2012; electricity consumption and efficiency trends in the EU-27. European Union 2012, Italy. (Retrieved from) 〈〉.
6. Binnenlandse Zaken en Koninkrijksrelaties, 1992. Besluit beheer sociale-huursector. Retrieved February 18, 2014, (from) 〈〉.
7. Bonde, M., Song, H., Does greater energy performance have an impact on real estate revenues?. J. Sustain. Real. Estate 5:1 (2013), 174–185.
8. Brounen, D., Kok, N., On the economics of energy labels in the housing market. J. Environ. Econ. Manag. 62:2 (2011), 166–179.
9. Carbon Trust, 2013. Conversion factors; Energy and Carbon Conversions 2013 (update. Retrieved from) 〈〉.
10. Cerin, P., Hassel, L., Semenova, N., Energy performance and housing prices. Sustain. Dev. 22:6 (2014), 404–419.
11. Chegut, A., Eichholtz, P., Kok, N., Supply, demand and the value of green buildings. Urban Stud. 51:1 (2014), 22–43.
12. Chegut, A., Holtermans, R., 2014. Determination of the economic outcomes of energy efficiency retrofits. Building Energy Efficiency for Massive Market Uptake. Maastricht University working paper.
13. Copiello, S., Achieving affordable housing through energy efficiency strategy. Energy Policy 85 (2015), 288–298.
14. Dastrup, S., Graff Zivin, J., Costa, D., Kahn, M., Understanding the solar home price premium: electricity generation and “green” social status. Eur. Econ. Rev. 56:5 (2012), 961–973.
15. Deng, Y., Li, Z., Quigley, J., Economic returns to energy-efficient investments in the housing market: evidence from Singapore. Reg. Sci. Urban Econ. 42:3 (2012), 506–515.
16. Dinan, T.M., Miranowski, J.A., Estimating the implicit price of energy efficiency improvements in the residential housing market: A hedonic approach. J. Urban Econ. 25:1 (1989), 52–67.
17. Eichholtz, P., Kok, N., Quigley, J., Doing well by doing good: green office buildings. Am. Econ. Rev. 100:5 (2010), 2492–2509.
18. Eichholtz, P., Kok, N., Quigley, J., The economics of green building. Rev. Econ. Stat. 95:1 (2013), 50–63.
19. Eurostat, 2013. Electricity and natural gas price statistics. Retrieved February 18, 2014, 〈〉.
20. Feige, A., McAllister, P., Wallbaum, H., Rental price and sustainability ratings: which sustainability criteria are really paying back?. Constr. Manag. Econ. 31:4 (2013), 322–334.
21. Finance Ideas, 2014. Dutch residential investments; in european perspective. Finance Ideas, Utrecht.
22. Fuerst, F., McAllister, P., Green noise or green value? Measuring the effects of environmental certification on office values. Real. Estate Econ. 39:1 (2011), 45–69.
23. Gilmer, R.W., Energy labels and economic search: an example from the residential real estate market. Energy Econ. 11:3 (1989), 213–218.
24. Hyland, M., Lyons, R., Lyons, S., The value of domestic building energy efficiency – evidence from Ireland. Energy Econ. 40 (2013), 943–952.
25. Kahn, M., Kok, N., The capitalization of green labels in the California housing market. Reg. Sci. Urban Econ. 47 (2013), 25–34.
26. Kok, N., Jennen, M., The impact of energy labels and accessibility on office rents. Energy Policy 46 (2012), 489–497.
27. Laquatra, J., Housing market capitalization of thermal integrity. Energy Econ. 8:3 (1986), 134–138.
28. Rosen, S., Hedonic prices and implicit markets: product differentiation in pure competition. J. Political Econ. 82:1 (1974), 34–55.
29. Schaffrin, A., Reibling, N., Household energy and climate mitigation policies: Investigating energy practices in the housing sector. Energy Policy 77 (2015), 1–10.
30. Whitehead, C., Scanlon, K., Social Housing in Europe. first ed., 2007, LSE London, London.
31. Yoshida, J., Sugiura, A., The effects of multiple green factors on condominium prices. J. Real. Estate Financ. Econ. 50:3 (2015), 412–437.
32. Zheng, S., Wu, J., Kahn, M., Deng, Y., The nascent market for “green” real estate in Beijing. Eur. Econ. Rev. 56:5 (2012), 974–984.