Housing prices in Cali: Evaluating the impact of the protests

Coautores: Jhon James Mora and Juan Tomas Sayago

Invitado: Juan Tomas Sayago Profesor tiempo completo Depto. de Economía, Universidad ICESI


The objective of this paper is to estimate the effects of the Colombian 2020 strike on housing prices in Cali. We use a database of advertised houses obtained using web scraping techniques on the website www.fincaraiz.com. We evaluate the impact of proximity to the location of blockages and protests. We apply a difference-in-difference hedonic price model to estimate pre- and post-impacts (Linden y Rockoff, 2008; Nowak y Sayago, 2019).