Thursday, 3 April 2014

The Straits Times

This was an article contribution on the impact of traffic congestion on housing prices, by Dr Eric Fesselmeyer, Senior Lecturer, and Associate Professor Liu Haoming from the Department of Economics at NUS Faculty of Arts and Social Sciences. A study conducted by the authors using data from 2002 to 2012 show that the average peak-hour expressway speed, a measure of traffic congestion, does have a sizeable effect on the location premium.

The article is part of a monthly series “Ask: NUS Economists” by the NUS Department of Economics. Each month, a panel will address a topical issue.