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discounts of 2.4 percent when a foreclosure shares the same physical address. We view the results as indicating that investment … externalities drive foreclosures' impacts on neighboring house prices. …
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property coming on the market and toward a physical externality as the source of measured foreclosure externalities …. A foreclosure in the same association and at the same address depresses the sale price by 2.5 percent, but properties in …
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property coming on the market and toward a physical externality as the source of measured foreclosure externalities …. A foreclosure in the same association and at the same address depresses the sale price by 2.5 percent, but properties in …
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