Discrimination and neighborhood effects: understanding racial differentials in US housing prices
Article Abstract:
A study shows that even with relatively thorough neighborhood controls, there is still evidence that correlation between the error tern and regressors is a source of bias. Fixed effects estimates used in the analysis indicate that African-American owners pay premiums of around 10 percent for housing, and that house values decline in neighborhoods as the percentages of African Americans increase, suggesting prejudicial attitudes.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2004
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Equilibrium and migration in dynamic models of housing markets
Article Abstract:
A model of a regional housing market is presented where households choose among competing employment opportunities offered by cities within a given system. To impose the equilibrium requirement in the model it is essential that households should be indifferent among all locations.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2004
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The role of information externalities and scale economies in home mortgage lending decisions
Article Abstract:
A study examines the impact of fall in housing sales on mortgage lending rates.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2007
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