Public houses and house prices in Great Britain: a panel analysis

Ignazio Cabras; Franziska Sohns; Jesus Canduela; Steven Toms

doi:10.1080/09654313.2020.1726294

Public houses and house prices in Great Britain: a panel analysis

Ignazio Cabras^*, Franziska Sohns, Jesus Canduela, Steven Toms

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

11 Citations (Scopus)

118 Downloads (Pure)

Abstract

This paper examines the relationship between public houses or ‘pubs’ and house prices in Great Britain. Using a unique dataset, comprising statistical indicators for 373 local authorities registered between 2005 and 2015, the authors investigate this relationship from a panel data perspective. The analysis identifies a strong positive association between an increase in the number of pubs and house prices, showing different patterns with regard to pubs located in urban, suburban and rural areas. Results offer an original contribution to the literature related to the economic value of pubs as important third places in Great Britain, providing the basis for potential policy choices aimed at supporting community investment.

Original language	English
Pages (from-to)	163-180
Number of pages	18
Journal	European Planning Studies
Volume	29
Issue number	1
Early online date	12 Feb 2020
DOIs	https://doi.org/10.1080/09654313.2020.1726294
Publication status	Published - 2 Jan 2021

Keywords

Great Britain
Public houses
house prices
third places

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10.1080/09654313.2020.1726294Licence: CC BY

Cabras_2020_Public houses and house prices in Great Britain_JPS_AAMAccepted author manuscript, 645 KB
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Cite this

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AU - Cabras, Ignazio

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AU - Canduela, Jesus

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AB - This paper examines the relationship between public houses or ‘pubs’ and house prices in Great Britain. Using a unique dataset, comprising statistical indicators for 373 local authorities registered between 2005 and 2015, the authors investigate this relationship from a panel data perspective. The analysis identifies a strong positive association between an increase in the number of pubs and house prices, showing different patterns with regard to pubs located in urban, suburban and rural areas. Results offer an original contribution to the literature related to the economic value of pubs as important third places in Great Britain, providing the basis for potential policy choices aimed at supporting community investment.

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KW - Public houses

KW - house prices

KW - third places

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JO - European Planning Studies

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Public houses and house prices in Great Britain: a panel analysis

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