Access to water as determinant of rental values: A housing hedonic analysis in Rwanda

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In this paper, we study the determinants of rental values in urban housing markets in Kigali, Rwanda.

In particular, we study the value of access to piped water; due to the high costs associated with installing new piped connections, renting a property with an existing connection is often the only way for low income households to access piped water. Our results indicate that extending the piped network to a new house will in many cases raise the rental value of the house enough to pay for the cost of installing the new connection in less than two years.

Water