A modern land bank is a public entity that purchases and demolishes blighted housing to remove negative externalities. We estimate the impact of land bank demolitions on surrounding property values for a medium-sized municipality. Using a spatial correction hedonic model of house prices, we find modest increases in sales prices associated with land bank activity in a neighborhood. In general, the impact estimates we find are smaller than those found in the literature for a much larger metropolitan area. We speculate on the cause of this difference in findings
Many American manufacturing cities have experienced depopulation and economic downturns over the pas...
This article estimates the impact of the 2007–2008 residential housing market bust on farmland value...
As the nation navigates through the stages of its foreclosure crisis, its journey brings with it neg...
The land bank is a government entity that focuses on the conversion of vacant, abandoned, and tax-de...
This paper examines the impact of brownfield redevelopments on neighboring housing prices in Cuyahog...
Describes the land bank model, which allows local public authorities to manage and develop tax-forec...
Spatial disamenities can affect neighborhood quality in many ways, and carefully quantifying such ef...
The objective of this study is to determine spatial differences in the marginal values of housing de...
The topic of neighborhood redevelopment is central to residential appraisal and the lending process....
This article explores the impacts of community land trust (CLT) properties on the real estate prices...
Many communities around the country had already been dealing with the problems of increasing and con...
In the early 1970s, planning and city officials in St. Louis, Missouri were grappling with the conse...
Since the collapse of the steel industry in the late 1970s, the economy of Youngstown, Ohio has been...
Crime is an obvious unwanted problem in any population anywhere in the world. Not only does it prese...
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Esta...
Many American manufacturing cities have experienced depopulation and economic downturns over the pas...
This article estimates the impact of the 2007–2008 residential housing market bust on farmland value...
As the nation navigates through the stages of its foreclosure crisis, its journey brings with it neg...
The land bank is a government entity that focuses on the conversion of vacant, abandoned, and tax-de...
This paper examines the impact of brownfield redevelopments on neighboring housing prices in Cuyahog...
Describes the land bank model, which allows local public authorities to manage and develop tax-forec...
Spatial disamenities can affect neighborhood quality in many ways, and carefully quantifying such ef...
The objective of this study is to determine spatial differences in the marginal values of housing de...
The topic of neighborhood redevelopment is central to residential appraisal and the lending process....
This article explores the impacts of community land trust (CLT) properties on the real estate prices...
Many communities around the country had already been dealing with the problems of increasing and con...
In the early 1970s, planning and city officials in St. Louis, Missouri were grappling with the conse...
Since the collapse of the steel industry in the late 1970s, the economy of Youngstown, Ohio has been...
Crime is an obvious unwanted problem in any population anywhere in the world. Not only does it prese...
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Esta...
Many American manufacturing cities have experienced depopulation and economic downturns over the pas...
This article estimates the impact of the 2007–2008 residential housing market bust on farmland value...
As the nation navigates through the stages of its foreclosure crisis, its journey brings with it neg...