Crime and property values: Evidence from the 1990s crime drop
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Crime and Property Values: Evidence from the 1990’s Crime Drop
Does a dramatic drop in crime lead to an increase in property values? To date, the literature on how crime influences property values has focused solely within a single metropolitan area and has been limited primarily to cross-sectional analysis. In this study we exploit the dramatic, nationwide decrease in crime that occurred in the 1990s to examine the relationship between changes in crime ra...
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ژورنال
عنوان ژورنال: Regional Science and Urban Economics
سال: 2012
ISSN: 0166-0462
DOI: 10.1016/j.regsciurbeco.2011.08.008