The benefits of building barrier-free: a contingent valuation of accessibility as an attribute of housing
Title:
The benefits of building barrier-free: a contingent valuation of accessibility as an attribute of housing
Author:
Alonso, Fernando
Appeared in:
European journal of housing policy
Paging:
Volume 2 (2002) nr. 1 pages 25-44
Year:
2002-04-01
Contents:
Estimating the social benefits of barrier-free building has always required indirect solutions, such as calculating the savings in social services, hospitalization or adaptations made possible by the increase in accessibility. This research uses the contingent valuation method to gain a direct appraisal of the benefits from barrier-free housing. When comparing two similar dwellings, with the only difference being their accessibility conditions, the 1,007 randomly chosen households that answered the direct survey would pay, on average, 12.5 per cent more for being barrier-free. None of the different appraisals made on accessibility costs reaches 5 per cent. This confirms the social profitability of building without barriers and shows the potential size of the private market for those housing developers that meet the demand. Accessibility is a general concern, an economic good or attribute that most households value, irrespective of the physical conditions of their members.
Journal description