Cleaning up brownfields such as Superfund sites is expected to catalyze neighborhood change in the vicinity. Several previous studies have estimated changes in housing prices associated with Superfund sites, with mixed results. This paper provides new estimates of price effects associated with...

The presence of Superfund sites can have substantial impacts on surrounding property values. A shortcoming of studies utilizing the traditional hedonic price model is that they fail to account for the presence of spatial dependence or autocorrelation in residential housing. Jefferson County,...

Approximately $30 billion (2000$) has been spent on Superfund clean-ups of hazardous waste sites, and remediation efforts are incomplete at roughly half of the 1,500 Superfund sites. This study estimates the effect of Superfund clean-ups on local housing price appreciation. We compare housing...

The Resource Conservation and Recovery Act (RCRA) manages cleanup of hazardous waste releases at over 3,500 sites across the US, which covers approximately 17.5% of all developed land in the country. This paper evaluates the housing market impacts of cleanups performed under RCRA by estimating...

Approximately $30 billion (2000$) has been spent on Superfund clean-ups of hazardous waste sites, and remediation efforts are incomplete at roughly half of the 1,500 Superfund sites. This study estimates the effect of Superfund clean-ups on local housing price appreciation. We compare housing...

While residents receive similar benefits from many local government programs, only about one-third of all households have children in public schools. We argue that capitalization of school spending into house prices can encourage residents to support spending on schools, even if the residents...

This paper examines the impact of lead pollution on property values in Anniston, Alabama, one of the most polluted cities in the US. A hedonic house price analysis allows us to examine the extent of capitalization of lead contamination's effect on property values there, as well as property value...