Home values have been found to be positively associated with park proximity and park quality. However, the affect of accessibility, defined as walkability around neighborhood parks, on home values is understudied. Using a hedonic model, this study investigates the association between park...

Using a monthly panel dataset of individuals' debt composition including mortgage and nonmortgage consumer credit, we show that house price changes can explain a significant fraction of personal debt composition dynamics. We exploit the variation in local house price growth as shocks to...