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This essay analyzes New York's 2018 proposal to Amazon to locate their second headquarters (HQ2) in New York City. While the proposal was initially successful in November 2018, in the wake of vocal resistance to that decision, Amazon backed out of their decision to locate one of their second...
Persistent link: https://www.econbiz.de/10012895288
I empirically analyze how changes in access to housing collateral affect homeowner borrowing behavior. To isolate the role of collateral constraints from that of wealth effects, I exploit the fully anticipated expiration of resale price controls on owner-occupied housing in Montgomery County,...
Persistent link: https://www.econbiz.de/10012936718
The 'secondary effects' legal doctrine allows municipalities to zone, or otherwise regulate, sexually oriented businesses. Negative 'secondary effects' (economic externalities) justify limiting First Amendment protection of speech conducted inside strip clubs. One example of a secondary effect,...
Persistent link: https://www.econbiz.de/10012986848
California housing has become unaffordable. As of February 2021, the median California home price was nearly $700,000 and the median condominium price was $515,000. The median rent for the same month was $1,733. Based on industry mortgage financing and renting standards, this means that both...
Persistent link: https://www.econbiz.de/10013212753
This paper studies the urban development impacts of the civil disturbances that took place in Washington, DC following the assassination of Martin Luther King Jr. in 1968. We collect novel archival data that allow us to compare lots destroyed during the disturbances to neighboring properties on...
Persistent link: https://www.econbiz.de/10012828402
Industrial sites cause several negative externalities, such as traffic noise disturbance, congestion, and obstruction of view. In order to quantify the negative effects stemming from industrial sites, we estimate – using a hedonic pricing model – the impact of distance to industrial sites on...
Persistent link: https://www.econbiz.de/10005016274
The profitability of extracting oil and gas trapped within the nation's extensive shale formations has generated a boom in the oil-and-gas industry. Operators are pushing to drill close to populations and sensitive resources, and many states are facilitating such extensive drilling with laws...
Persistent link: https://www.econbiz.de/10012947181
India has used export processing zones as a development strategy since the mid 1960s. The performance of these zones did not meet expectations and, in 2001, the government changed the rules and the name, and recast them as special economic zones. Indian special economic zone policy was...
Persistent link: https://www.econbiz.de/10014175383
This research investigates models for engaging private sector investors and developers in financing or delivering social and affordable housing, across different market segments and tenures in Australia and internationally. It also identifies key existing and potential players, and financial,...
Persistent link: https://www.econbiz.de/10014239078
The technocratic interventions in agrarian economy, since late 1960s, have consolidated the position of large landowners and farmers in north western India, and made them prosperous. However, there was virtually no land market in this rural society up till now; land was possessed and transferred...
Persistent link: https://www.econbiz.de/10014144146