The price of proximity
Summary
This research aims to identify the hedonic pricing method for companies in regard to the willingness to pay for their office location nearby a railway station. The goal is to investigate the economic interests by companies and their location choices in relation with the distance to a railway station. The scope of this research is within the Randstad, the Netherlands. This research will be structured by qualitative and quantitative analyses and the insights could be used by local authorities to improve zoning plans in relation to office and railway locations and for investors to provide insight in the hedonic pricing method used by companies in regard to the distance between an office and the nearest railway station and vice versa.