Traffic congestion affects commuting costs which impact on housing price

Traffic congestion affects commuting costs which impact on housing price

April 4, 2014

Does traffic congestion influence the price of housing? Dr Eric Fesselmeyer and A/P Haoming Liu from the Department of Economics at the National University of Singapore attempted to explain the correlation at the online forum “Ask NUS Economists” in The Straits Times. More information can be found through the link: http://blog.nus.edu.sg/fassnews/files/2014/04/040413-22mu2ti.pdf