Who wants affordable housing in their backyard? An equilibrium analysis of low-income property development
We nonparametrically estimate spillovers of properties financed by the Low Income Housing Tax Credit (LIHTC) onto neighborhood residents by developing a new difference-in-differences style estimator. LIHTC development revitalizes low-income neighborhoods, increasing house prices 6.5 percent, lowerin...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
University of Chicago Press
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |