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causal effects of gentrification, which is often accompanied by increased property values, on homeowners' tax payment … behavior and residential mobility. The analysis, based on a difference-in-differences framework, suggests that gentrification …-term homeowners help mitigate the risk of tax delinquencies and displacement. Findings from this study help researchers, policymakers …
Persistent link: https://www.econbiz.de/10012372763
We study the local effects of new market-rate housing in low-income areas using microdata on large apartment buildings, rents, and migration. New buildings decrease nearby rents by 5 to 7 percent relative to locations slightly farther away or developed later, and they increase in-migration from...
Persistent link: https://www.econbiz.de/10012198561
We use new longitudinal census microdata to provide the first causal evidence of how gentrification affects a broad set … of outcomes for original resident adults and children. Gentrification modestly increases out-migration, though movers are …
Persistent link: https://www.econbiz.de/10012059027