This article provides an alternative approach, using the heterodox urban economy as a study object. Such economy seeks to explain how there is the regularity of the urban residential setting from the action of individuals in the market. The hedonic price model is used to esteem the implicit violence costs (e.g. homicides and robberies to pedestrians) in housing prices, from a sample of properties transacted in Belo Horizonte. Two regressions that could capture the willingness of individuals to pay for living in regions with greater security were shot. The results show that there is a relationship between the reduction in crime rates and valuation of properties in some Belo Horizonte regions.
hedonic price; criminality; costs; Belo Horizonte; urban economy
