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Provided there are positive external benefits attached to the historic character of buildings, owners of properties in designated conservation areas benefit from a reduction in uncertainty regarding the future of their area. At the same time, the restrictions put in place to ensure the...
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In this paper, I develop an overlapping generations model to analyze the effects of property transfer taxes on homeownership, residential mobility, and welfare in the Netherlands. A revenue-neutral abolition of the 2% transfer tax increases the likelihood that homeowners sell their old house and...
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Käufer und Nutzer von Gütern sind für die Realisierung einer ökologisch, sozial und ökonomisch nachhaltigen Entwicklung von entscheidender Bedeutung. Renommierte Autoren stellen innovative Konzepte vor und geben Antwort auf die Frage, wie "Nachhaltiger Konsum" inhaltlich zu bestimmen und im...
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city and the gentrification of those neighborhoods in response to a citywide 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 …
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deprived neighborhoods furthering processes of gentrification …
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