Gentrification effects on housing prices in neighbouring areas

Purpose This study aims to measure the occurrence of gentrification and relate with housing values. Design/methodology/approach The authors have used Getis-Ord statistics identify quantify in different residential areas a case Stockholm, Sweden. Gentrification will be measured two dimensions, namely, income population. In step two, this is included traditional hedonic pricing model where intention explain future prices. Findings results indicate that parameter estimate statistically significant, suggesting contributes higher values gentrified near neighbourhoods. latter possible spillover effect house prices due by population was similar both price treatment models. According model, proximity area increases value around 6%–8%. on distribution seems consistent stable areas. Originality/value A few studies property Those focussed analysing impacts rents increasing within gentrifying areas, not neighbouring Hence, one paper’s contributions bridge gap previous measuring gentrification’s impact