Airport expansions and property values: the case of Chicago O'Hare Airport

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Airport Noise Regulation, Airline Service Quality, and Social Welfare (2006, background): “While the expansion requires demolition of several hundred properties, it also reorients the airport’s flight paths, so that a new set of households will be exposed to noise (see McMillen (2004)).”
Buyer Information and the Hedonic: The Impact of a Seller Disclosure on the Implicit Price for Airport Noise (2008, methodology): “Although airports can provide many benefits such as increased service-related employment, increased tax revenues and reductions in transportation costs for businesses and the general public, airports can also impose costs such as noise pollution on those living in close proximity to the airport.3 Th”
Hedonic Analysis of Impacts of Traffic Volumes on Property Values (2005, background): “Daniel McMillan studied the relationship between the prices of single-family houses and proximity to O’Hare Airport in Chicago (1).”