Erratum: It’s the Smell: How Resolving Uncertainty about Local Disamenities Can Affect the Housing Market

Key Points

• The research aims to explore the relationship between local disamenities and their impact on the housing market, specifically in addressing uncertainties.
• Analysis of local disamenities affecting real estate values.
• Examination of public perception on neighborhood smells and nuisances.
• Investigation of economic models relating to property values.
• Uncertainties about local disamenities lower property values.
• Resolving uncertainty can stabilize and enhance housing market conditions.
• Clear communication about local disamenities influences buyer perceptions.