Magdalena Habdas, Jan Konowalczuk, Jacques Sluysmans
Compensating Owners of Residential Properties Located Near Airports – a Comparative Perspective on the Netherlands and Poland
Purpose - The aim of the paper is to present and compare the rules of resolving a neighbor conflict created by airport noise in the context of Dutch and Polish experiences.
Design/methodology/approach - We consider formally similar situations, because both countries utilize public intervention in an attempt to solve the conflict, however differences are visible at the level of its scope, implementation and performance. Research is focused on analyzing the structure of the considered public intervention in both countries in order to establish salient similarities and differences existent in the jurisdictions under comparison.
Findings - Descriptive studies are supplemented by particular examples of residential property markets near the largest airport in each country, namely Schiphol Airport in Amsterdam and Chopin Airport in Warsaw. Conducted studies include an assessment of the manner in which public intervention is factually implemented, which allows to formulate initial normative conclusions as to the achieved economic and environmental effects. These are different in both jurisdictions as they depend on the adopted legal solutions and the actual implementation of law.
Research limitations and research implications - We analyze compensating loss in the form of residential property value diminution as opposed to analyzing market prices in areas surrounding airports.
Keywords: public intervention; airport noise; residential property markets; Schiphol Airport, Chopin Airport;
JEL codes: K11, K40, R3
Article type: research article and case study
CITATION (APA): Habdas, M., Konowalczuk, J., & Sluysmans, J. (2020).Compensating Owners of Residential Properties Located Near Airports – a Comparative Perspective on the Netherlands and Poland. World of Real Estate Journal, 114(4), 5-32.
DOI: https://doi.org/10.14659/WOREJ.2020.114.01.
