Predicting consumer response to new housing : a stated choice experiment

This paper discusses problems typical of eliciting housing preference. It will be argued that stated preference and choice models are potentially powerful in eliciting consumer housing preferences. This approach is illustrated in an example of new housing construction in Meerhoven. The design of the stated choice experiment is outlined and the estimated part-worth utilities of the attributes are presented. Furthermore, choices for houses in low- and high-density environments are predicted and it is examined how much more households are willing to pay for low-density housing.