Impacts of mining on the residential rental market in Ouro Preto, Brazil

Authors

  • Rosangela Aparecida Soares Fernandes Ph.D. in Applied Economics, Associate Professor, Department of Economics, Universidade Federal de Ouro Preto, Mariana, MG, Brazil
  • Victor Henrique Lana Pinto Ph.D. in Applied Economics, Assistant Professor, Department of Economics, Universidade Federal de Viçosa, Viçosa, MG, Brazil
  • Matheus Tomaz Faria Undergraduate student in Civil Engineering, Universidade Federal de Ouro Preto, Ouro Preto, MG, Brazil
  • Arthur Martins Brangioni Undergraduate student in Economics, Universidade Federal de Ouro Preto, Mariana, MG, Brazil
  • José Roberto Fernandes Galindo Ph.D. in Civil Engineering, Associate Professor, Universidade Federal do Recôncavo da Bahia, Cruz das Almas, BA, Brazil

DOI:

https://doi.org/10.18472/SustDeb.v16n1.2025.57080

Keywords:

Real estate, Hedonic prices, Mining companies, Residential leasing

Abstract

The impact of mining on residential rents is a significant concern in mining regions. This study examined the impact of negative externalities from mining companies Vale and Samarco on rental prices in Ouro Preto, Minas Gerais, in 2023. To achieve the proposed objective, a hedonic pricing model was estimated. The results showed that the closer a property is to mining activities, the lower its rental value, indicating a depreciation of real estate values. The conclusions suggest that mining externalities affect the local real estate market, which is relevant for the creation of public policies that balance economic development and the mitigation of the negative impacts of mining.

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Author Biographies

Rosangela Aparecida Soares Fernandes, Ph.D. in Applied Economics, Associate Professor, Department of Economics, Universidade Federal de Ouro Preto, Mariana, MG, Brazil

Associate Professor in the Department of Economics at Universidade Federal de Ouro Preto. Her research focuses on industrial organization, microeconomics, and real estate markets.

Victor Henrique Lana Pinto, Ph.D. in Applied Economics, Assistant Professor, Department of Economics, Universidade Federal de Viçosa, Viçosa, MG, Brazil

Assistant Professor in the Department of Economics at Universidade Federal de Viçosa. His research focuses on international political economy,  agricultural economics, and development.

Matheus Tomaz Faria, Undergraduate student in Civil Engineering, Universidade Federal de Ouro Preto, Ouro Preto, MG, Brazil

Undergraduate student in Civil Engineering at Universidade Federal de Ouro Preto. His research focuses on urban engineering.

Arthur Martins Brangioni, Undergraduate student in Economics, Universidade Federal de Ouro Preto, Mariana, MG, Brazil

Undergraduate student in Economics at Universidade Federal de Ouro Preto. His research focuses on urban economics.

José Roberto Fernandes Galindo, Ph.D. in Civil Engineering, Associate Professor, Universidade Federal do Recôncavo da Bahia, Cruz das Almas, BA, Brazil

Associate Professor in the Center for Exact and Technological Sciences at Universidade Federal do Recôncavo da Bahia. His research focuses on geosciences, land registry, land mapping, and spatial analysis.

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Published

2025-04-30

How to Cite

Fernandes, R. A. S., Pinto, V. H. L., Faria, M. T., Brangioni, A. M., & Galindo, J. R. F. (2025). Impacts of mining on the residential rental market in Ouro Preto, Brazil. Sustainability in Debate, 16(1), 46–74. https://doi.org/10.18472/SustDeb.v16n1.2025.57080

Issue

Vol. 16 No. 1 (2025): Sustainability in Debate / Sustentabilidade em Debate

Section

Articles - Varia

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