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

Ignazio Cabras, Franziska Sohns, Jesus Canduela, Steve Toms

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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 languageEnglish
Number of pages18
JournalEuropean Planning Studies
Early online date12 Feb 2020
DOIs
Publication statusE-pub ahead of print - 12 Feb 2020

Keywords

  • Great Britain
  • Public houses
  • house prices
  • third places

ASJC Scopus subject areas

  • Geography, Planning and Development

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