Open AccessLiterature Review: How Does Water Play a Role in Forming Land Value?
Author(s) -
Chairani Adelina,
Ahmad Gamal,
Dwinanti Rika Marthanty
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/837/1/012011
Subject(s) - real estate , water supply , value (mathematics) , property (philosophy) , investment (military) , business , natural resource economics , causality (physics) , property rights , water quality , water resource management , environmental resource management , environmental planning , environmental science , environmental engineering , economics , computer science , finance , microeconomics , ecology , philosophy , physics , epistemology , quantum mechanics , machine learning , politics , biology , political science , law
This research synthesizes the causality of water: the supply of clean water and water-related disasters in forming the land value. Water has a significant relation to real estate. For example, the developing design at the built area will take much investment value to supply its clean water individually. Secondly, the damaged property caused by water-related disasters will make much value to invest in repairs. In other words, the considerable investment will take a role in it. This research uses a qualitative method by synthesizing literature reviews of water-related disasters, clean water supply, and property. This research found that the previous researchers correlated water-related disasters, clean water supply, or quality to property, respectively. However, no research has examined all the water’s roles to property in our knowledge. Therefore, there is a suggestion for further research to prove this research using the quantitative method to relate the water’s roles and land value.