Do “Green Homes” Sell for a Price Premium?
Yes. Nils Kok and I estimate a large 9% price premium for “Energy Star” certified California homes relative to similar homes that are not certified. If you like to read about the “green economy”, here is a free copy. This study builds on my recent work estimating the price premium for solar homes. Econometric analysis should interest environmentalists!
Matthew E. Kahn is a Professor at the UCLA Institute of the Environment, the Department of Economics, and the Department of Public Policy. He is a research associate at t…READ more