[PDF] Economic Analysis Of Neighbourhood Quality Neighbourhood Reputation And The Housing Market eBook

Author : M. Koopman
Publisher : IOS Press
Page : 226 pages
File Size : 26,31 MB
Release : 2012-02-29
Category : Social Science
ISBN : 1614990336

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Residents know exactly what their neighbourhood is like. House-hunters, on the other hand, must find out for themselves about the intangible social quality of a neighbourhood. As a simple rule of thumb, neighbourhood reputation can offer them an assessment of neighbourhood quality. In this research, regression analyses are applied to test whether neighbourhood reputations are being used as a proxy measure for neighbourhood quality in residential mobility choices and establishing the price of homes. The empirical results go beyond answering this research question. What price, for instance, do residents place on liveability? Why does urban restructuring so often fail to change the social make-up of an area, despite a marked increase in owner-occupation? Why does gentrification appear to emerge spontaneously, while deliberate attempts to gentrify an area often fail? How does a neighbourhood acquire that ‘golden edge’? This book also provides the answers to the above policy-oriented questions.

Author : M. J. Koopman
Publisher : IOS Press
Page : 226 pages
File Size : 42,83 MB
Release : 2012
Category : Business & Economics
ISBN : 1614990328

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Originally presented as the author's thesis (doctoral)--Delft University of Technology, Delft, 2012.

Author : David S. Segal
Publisher : Academic Press
Page : 313 pages
File Size : 14,87 MB
Release : 2014-05-10
Category : Business & Economics
ISBN : 1483220206

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The Economics of Neighborhood integrates neighborhood into contemporary notions of the urban economy. Neighborhood is viewed as a good with demand, supply, and equilibrium aspects. Topics covered range from demand for neighborhood and interneighborhood mobility to neighborhood choice and transportation services. The role of governments as suppliers of neighborhoods is also considered. Comprised of 12 chapters, this book begins with an introduction to some of the efforts to measure neighborhood effects and the approaches used in analyzing the role of neighborhood in the urban economy. The next section deals with the determinants of neighborhood demand in different eastern and midwestern cities in the United States in the mid- to late 1960s. The location choice of a sample of Pittsburgh households is examined, along with the role that neighborhood transition at the origin played in governing the decision to move or stay put. Subsequent chapters focus on the neighborhood choice of households already living in Washington, D.C., in 1968 as a joint prior choice of residential location, housing type, automobile ownership, and mode of travel to work; how the supply of certain kinds of neighborhoods can be determined by the interaction of residential demand and housing supply in the private sector; and optimum neighborhood supply by local governments. The concluding section analyzes neighborhood in an equilibrium setting, with emphasis on price outcomes and the quantity aspects of neighborhood. This monograph will be of value to economists as well as to researchers and students interested in urban economics.

Author : George C. Galster
Publisher : University of Chicago Press
Page : 414 pages
File Size : 23,33 MB
Release : 2024-01-19
Category : Business & Economics
ISBN : 0226829391

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Drawing on economics, sociology, geography, and psychology, Galster delivers a clear-sighted explanation of what neighborhoods are, how they come to be—and what they should be. Urban theorists have tried for decades to define exactly what a neighborhood is. But behind that daunting existential question lies a much murkier problem: never mind how you define them—how do you make neighborhoods productive and fair for their residents? In Making Our Neighborhoods, Making Our Selves, George C. Galster delves deep into the question of whether American neighborhoods are as efficient and equitable as they could be—socially, financially, and emotionally—and, if not, what we can do to change that. Galster aims to redefine the relationship between places and people, promoting specific policies that reduce inequalities in housing markets and beyond.

Author : Harriet B. Newburger
Publisher : University of Pennsylvania Press
Page : 394 pages
File Size : 42,29 MB
Release : 2011-02-17
Category : Social Science
ISBN : 081220008X

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Does the place where you lived as a child affect your health as an adult? To what degree does your neighbor's success influence your own potential? The importance of place is increasingly recognized in urban research as an important variable in understanding individual and household outcomes. Place matters in education, physical health, crime, violence, housing, family income, mental health, and discrimination—issues that determine the quality of life, especially among low-income residents of urban areas. Neighborhood and Life Chances: How Place Matters in Modern America brings together researchers from a range of disciplines to present the findings of studies in the fields of education, health, and housing. The results are intriguing and surprising, particularly the debate over Moving to Opportunity, an experiment conducted by the Department of Housing and Urban Development, designed to test directly the effects of relocating individuals away from areas of concentrated poverty. Its results, while strong in some respects, showed very different outcomes for boys and girls, with girls more likely than boys to experience positive outcomes. Reviews of the literature in education and health, supplemented by new research, demonstrate that the problems associated with residing in a negative environment are indisputable, but also suggest the directions in which solutions may lie. The essays collected in this volume give readers a clear sense of the magnitude of contemporary challenges in metropolitan America and of the role that place plays in reinforcing them. Although the contributors suggest many practical immediate interventions, they also recognize the vital importance of continued long-term efforts to rectify place-based limitations on lifetime opportunities.

Author : Glen Bramley
Publisher :
Page : 162 pages
File Size : 13,86 MB
Release : 2007
Category :
ISBN : 9781859355756

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The report describes and accounts for patterns of change in housing market performance, with a particular focus on the impact of new investment. While there is emphasis on house prices the study also reviews: measures of market outcomes involving social as well as private housing; what the main drivers are of local and neighbourhood housing market performance; the impact on neighbourhood housing markets of new investment.

Author : Patrick J. Bayer
Publisher :
Page : 64 pages
File Size : 49,34 MB
Release : 2006
Category : Housing
ISBN :

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Researchers have long recognized that the non-random sorting of individuals into groups generates correlation between individual and group attributes that is likely to bias naïve estimates of both individual and group effects. This paper proposes a non-parametric strategy for identifying these effects in a model that allows for both individual and group unobservables, applying this strategy to the estimation of neighborhood effects on labor market outcomes. The first part of this strategy is guided by a robust feature of the equilibrium in vertical sorting models - a monotonic relationship between neighborhood housing prices and neighborhood quality. This implies that under certain conditions a non-parametric function of neighborhood housing prices serves as a suitable control function for the neighborhood unobservable in the labor market outcome regression. This control function transforms the problem to a model with one unobservable so that traditional instrumental variables solutions may be applied. In our application, we instrument for each individual's observed neighborhood attributes with the average neighborhood attributes of a set of observationally identical individuals. The neighborhood effects model is estimated using confidential microdata from the 1990 Decennial Census for the Boston MSA. The results imply that the direct effects of geographic proximity to jobs, neighborhood poverty rates, and average neighborhood education are substantially larger than the conditional correlations identified using OLS, although the net effect of neighborhood quality on labor market outcomes remains small. These findings are robust across a wide variety of specifications and robustness checks.

Author : David Manley
Publisher : Springer Science & Business Media
Page : 308 pages
File Size : 28,1 MB
Release : 2013-06-26
Category : Social Science
ISBN : 9400766955

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This edited volume critically examines the link between area based policies, neighbourhood based problems, and neighbourhood effects: the idea that living in disadvantaged neighbourhoods has a negative effect on residents’ life chances over and above the effect of their individual characteristics. Over the last few decades, Western governments have persistently pursued area based policies to fight such effects, despite a lack of evidence that they exist, or that these policies make a difference. The first part of this book presents case studies of perceived neighbourhood based problems in the domains of crime; health; educational outcomes; and employment. The second part of the book presents an international overview of the policies that different governments have implemented in response to these neighbourhood based problems, and discusses the theoretical and conceptual processes behind place based policy making. Case studies are drawn from a diverse range of countries including the United Kingdom, The Netherlands, Australia, Canada, and the USA.