Essays on Neighborhood Transition and Housing Markets

This dissertation presents new evidence on neighborhood transition and its impact on housing markets using a novel micro-level dataset on housing transactions. It focuses on three issues: the neighborhood effect, housing discrimination, and stable integration. The first essay examines the relationship between increased minority composition and neighborhood housing prices: the neighborhood effect. Here, a two-stage strategy is proposed to estimate the impact of new minority entry on neighborhood price appreciation. Results using data for Chicago suggest minority entry into majority white neighborhoods is not negatively associated with price appreciation. Similar results are found using data from San Francisco and Los Angeles while a small, negative effect is estimated for Baltimore-Washington DC. The essay concludes with a discussion of potential explanations and implications of these results for future research.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2014

Author dc:creator

• Casey, Marcus D.

Contributors dc:contributor

• Lubotsky, Darren H.

• Economics, General
• Economics, Theory

Identifier

(UMI)AAI3391897

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/72411