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

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.
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Submitted on : Friday, June 5, 2015 - 5:20:05 PM
Last modification on : Thursday, January 11, 2018 - 6:17:19 AM
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Johanna Choumert, Jesper Stage, Claudine Uwera. Access to water as a determinant of rental values: A hedonic analysis in Rwanda. 2015. ⟨halshs-00939271v2⟩

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