Showing 1 - 10 of 606
The condominium structure, which facilitates ownership of units in multi-family buildings, was only introduced to the US during the 1960s. We ask whether the subsequent development of condominiums encouraged high-income households to move to central cities. Although we document a strong positive...
Persistent link: https://www.econbiz.de/10012480116
gentrification, both by providing data in close to real time (i.e. nowcasting and forecasting) and by providing additional context … about how the local economy is changing. Combining Yelp and Census data, we find that gentrification, as measured by changes … of Starbucks (and coffee shops more generally) into a neighborhood predicts gentrification. Each additional Starbucks …
Persistent link: https://www.econbiz.de/10012480605
We study a program that funded 39,000 Jewish households in New York City to leave enclave neighborhoods circa 1910. Compared to their neighbors with the same occupation and income score at baseline, program participants earned 4 percent more ten years after removal, and these gains persisted to...
Persistent link: https://www.econbiz.de/10012481567
How does gentrification transform neighborhoods? Gentrification can harm current residents by increasing rental costs … principle - reduce overall social surplus. Using Census and Yelp data from five cities, we document that while gentrification is … to be slower in poor communities that do not gentrify. Consequently, the business closures that come with gentrification …
Persistent link: https://www.econbiz.de/10012482490
city and the gentrification of those neighborhoods in response to a city wide housing demand shock. A key ingredient in our … causing the original poorer residents to migrate out. We refer to this process as "endogenous gentrification". Using a variety …
Persistent link: https://www.econbiz.de/10012462418
The paper deals with the e.ects of cohabitation of grown children with their parents on household saving, using data from Italy and the Netherlands. It presents a two-period gametheoretical model where the child has to decide whether to move out of the parental home. This decision is affected by...
Persistent link: https://www.econbiz.de/10012467608
This paper presents a new public-use dataset for community-level life satisfaction in Canada, based on more than 400,000 observations from the Canadian Community Health Surveys and the General Social Surveys. The country is divided into 1215 similarly sampled geographic regions, using natural,...
Persistent link: https://www.econbiz.de/10012453125
Gentrification involves large-scale neighborhood change whereby new residents and improved amenities increase property … an exogenous shock to the gentrification process. We use variation induced by the sudden end of rent control in Cambridge … decontrol. Our findings establish that reductions in crime are an important part of gentrification and generate substantial …
Persistent link: https://www.econbiz.de/10012453800
In 1980, housing prices in the main US cities rose with distance to the city center. By 2010, that relationship had reversed. We propose that this development can be traced to greater labor supply of high-income households through reduced tolerance for commuting. In a tract-level data set...
Persistent link: https://www.econbiz.de/10012456941
This paper introduces a new measure of residential segregation based on individual-level data. We exploit complete census manuscript files to derive a measure of segregation based upon the racial similarity of next-door neighbors. Our measure allows us to analyze segregation consistently and...
Persistent link: https://www.econbiz.de/10012457732