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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/10011387542
In 1980, Census data indicate, housing prices in large US cities rose with distance from the city center. By 2010, the relationship had reversed. We propose that this development can be traced to high-income households working longer hours. With little non-market time, proximity to work takes on...
Persistent link: https://www.econbiz.de/10012979076
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/10013011175
In 1980, housing prices in large US cities rose with distance from the city center. By 2010, that relationship had reversed. We propose that the inversion can be traced to more hours worked by the skilled. Scarce non-market time downgrades the importance of residential space and upgrades that of...
Persistent link: https://www.econbiz.de/10013011915
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
In 1980, Census data indicate, housing prices in large US cities rose with distance from 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 which reduced the tolerance for commuting. In a...
Persistent link: https://www.econbiz.de/10012985160
Persistent link: https://www.econbiz.de/10013168490