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This study finds evidence of a large premium in Youngtown Arizona house prices that persisted over time and could be attributed to the town's age-restricted status. Age restrictions may act as a signal that the community provides facilities and services that meet the needs of the senior...
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The analysis presented here uses simulated and real data sets to investigate the relative merits of parametric, semi- parametric and Bayesian methods in testing for the co-existence of plottage and plattage and in identifying the inflection point. Using artificial datasets generated with spatial...
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This study finds evidence of a large premium in house prices in Youngtown Arizona attributable to its age-restricted status. The persistence of a premium over long periods of time suggests that age restricted status can be a valuable component of the housing bundle, much like physical...
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