Housing Externalities: Evidence from Spatially Concentrated Urban Revitalization Programs

Housing Externalities Esteban

Using data compiled from concentrated residential urban revitalization programs implemented in Richmond, Virginia, between 1999 and 2004, we study residential externalities. We estimate that housing externalities decrease by half approximately every 1,000 feet. On average, land prices in neighborhoods targeted for revitalization rose by 2–5 percent at an annual rate above those in a control nei...

Economics of Housing Externalities

ONOMICS/FINANCE International Encyclopedia of Housing and Home, 2012, V Foreclosure The legal process by which an owner’s right to a property is terminated, usually due to default. Hedonic regression A method of estimating demand or value. It decomposes the price of a good or service into its constituent characteristics and obtains estimates of the contributory value of each characteristic. Sub...

Residential Housing Population Revitalization: Honors Students

Public-Private Partnerships (PPPs) in Urban Housing in Nigeria: Evidence from Ogun State

There is a consensus among housing experts and policy makers that there are not enough resources for government alone to address growing urban housing challenges in many developing countries. Consequently, a paradigm shift from government provision to partnerships between the public and private sectors is advocated. This study examined the prospects and challenges of Public-Private Partnerships...

Neighborhood Quality and Housing Value: Evidence from Urban Micro Data

Using urban residential micro data from CHNS, this paper employs Hedonic Pricing Model to investigate the impact of Neighborhood Quality on housing value and its mechanism. We find that, Human Capitals measured by average schooling years and occupational diversity have significant positive effect while cultural capitals such as Ethnic Diversity have significant negative effect on housing value....