HOUSE PRICE IMPACTS OF RACIAL, INCOME, EDUCATION, AND AGE NEIGHBORHOOD SEGREGATION

被引：21

作者：

Brasington, David M. ^{[1
]}

Hite, Diane ^{[2
]}

Jauregui, Andres ^{[3
]}

机构：

[1] Univ Cincinnati, Dept Econ, Cincinnati, OH 45221 USA

[2] Auburn Univ, Dept Agr Econ & Rural Sociol, Auburn, AL 36849 USA

[3] Columbus State Univ, Dept Accounting & Finance, Columbus, GA 31907 USA

来源：

JOURNAL OF REGIONAL SCIENCE | 2015年 / 55卷 / 03期

关键词：

PREFERENCES; MODELS;

D O I：

10.1111/jors.12173

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study housing prices and neighborhood segregation. We advance the literature by (1) studying not just racial segregation like previous studies, but also segregation by age, income, and education level, (2) using a finer unit of geography to construct segregation measures, (3) incorporating spatial statistics, and (4) separating segregation effects from underlying population level effects. We find race segregation is positively related to house prices, with an elasticity of 0.19. In contrast, income and educational segregation reduce housing values, with elasticities of -0.23 and -0.21. By comparison, house age has an elasticity of -0.15. Age segregation is not generally capitalized.

引用

页码：442 / 467

页数：26

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