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We measure the impact of murders on prices and rents of homes in Sydney. We find that housing prices fall by 3.9% for homes within 0.2 miles of the murder, in the year following the murder, and weaker results in the second year after a murder. We do not find any effects of murders on rents....
Persistent link: https://www.econbiz.de/10013056585
This study investigates the differential effect of the announcement of new public housing locations on property prices in relatively more expensive and less expensive neighbourhoods, taking advantage of a single unanticipated government announcement of new builds in multiple locations in the...
Persistent link: https://www.econbiz.de/10014242082
Persistent link: https://www.econbiz.de/10009715984
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We measure the impact of murders on prices and rents of homes in Sydney. We find that housing prices fall by 3.9 per cent for homes within 0.2 miles of the murder in the year following the murder, and weaker results in the second year after a murder. We do not find any effects of murders on...
Persistent link: https://www.econbiz.de/10014253918