Cohen, Jeffrey P.; Coughlin, Cletus Charles; Crews, Jonas; … - National Bureau of Economic Research - 2021
A busy airport's closure has large effects on noise, real estate markets, and neighborhood demographics. Using a unique … dataset, we examine the effects of closing Denver's Stapleton Airport on nearby housing markets. We find evidence of immediate … announcement and closing. However, after the airport closure, more higher-income and fewer black households moved in, and …