Carter, Charles; Lin, Zhenguo; Allen, Marcus; Haloupek, … - In: The Journal of Real Estate Finance and Economics 46 (2013) 1, pp. 115-130
This study reexamines the price effects of age restrictions on housing prices. Our data cover a period when the housing … market is taking a steep downturn. We argue that, when housing prices are falling, seniors are more likely to avoid investing … age-restrictions. In particular, we find that imposing age-restriction on properties decreases housing prices by 17 …