This study investigates the extent to which, under segmented housing market conditions, neighbourhood racial composition has a significant influence on the rate of neighbourhood succession. Using Houston and St Louis census tract data, pooled and stratified regression estimates are developed...

ABSTRACT The cause of the "housing bubble" associated with the sharp rise and then drop in home prices over the period 1998-2008 has been the focus of significant policy and research attention. The dramatic increase in subprime lending during this period has been broadly blamed for these market...

Government support of the arts consists of a familiar direct portion (including the appropriations to such agencies as the National Endowment for the Arts) and a less-well known indirect portion, including what Surrey has called tax expenditures. The tax expenditure that flows through individual...

Purpose – This paper aims to trace the evolution of the theory and practice of valuation of real estate interests. Using a historical perspective, especially in the context of recent events, it identifies an emerging unification of thought and application that has important implications for...