Public opposition to locally unwanted land uses, known as NIMBY, is a growing phenomenon in Korea. The Seoul city government has for years attempted to build incinerators to address the growing volume of municipal solid wastes problems, but most of the proposed facilities were canceled or postponed due to severe local opposition. One of the major objections to having an incinerator is that the values of nearby residential property would be adversely affected. While there are theoretical expectations that are supportive of this argument, in Seoul, this argument has not been tested in a systematic way.
This study examined whether and how an incinerator siting project (the Nowon incinerator, Seoul) affected nearby property values by employing the interrupted time-series quasi-experiment. The findings show that there is a causal relationship between the incinerator (and its proximity to residence) and nearby property values.
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