Edlund, Lena; Machado, Cecilia; Sviatschi, Maria - 2015
In 1980, housing prices in the main US cities rose with distance to the city center. By 2010, that relationship had … tolerance for commuting. In a tract-level data set covering the 27 largest US cities, years 1980-2010, we employ a city … city center and their increased presence can account for the observed price changes, notably the rising price premium …