Residential rent externalities of photovoltaic systems: The relevance of view
研究瑞士三维地形模型中光伏系统景观对住宅租金的负面影响,通过不同景观类型分析外部性的放大或减弱因素,并利用市政投票和电动汽车数据揭示可持续偏好与因果路径。
In a three-dimensional topographic model of Switzerland, we study how the view at photovoltaic (PV) systems affects residential real estate. Our hedonic difference-in-differences regressions provide evidence that the view at a PV system is associated with lower residential rents. We consider different view types to examine amplifiers and attenuators of these negative externalities. Using municipal voting results and data on electric vehicles, we document causal pathways of the effect that align with stated and lived preferences for sustainability. Similar causal pathways of negative externalities are evident through municipalities’ solar energy production potential and their local demand elasticities for housing.