Real Estate Economics articles from March 1997

Real Estate Economics archives from March 1997

Housing and urban developement indicators; a good idea whose time has returned.
March 22, 1997... Knowledge that is not quantifiable is of a meager and uninteresting kind. Lord Kelvin Any figure that looks interesting is probably wrong. Sir Claus Mosley in a Presidential Address to the Royal Statistical Society This special issue...

A Human Development Index for U.S. cities: methodological issues and preliminary findings.
March 22, 1997... Over the last several years, state and local governments in the United States have begun to fundamentally reassess and refine their roles. This reassessment, in many cases driven by compelling fiscal and political pressures, has given rise to a...

Indicators of local housing affordability: comparative and spatial approaches.
March 22, 1997... In recent years, local jurisdictions have received greater flexibility in deciding which housing policies to pursue. The rationale for this approach is that housing policies and programs must be tailored to the demographic and housing...

Can urban indicators predict home price appreciation? Implications for redlining research.
March 22, 1997... A 20% difference in home ownership rates by race (Wachter and Megbolugbe 1992) has long motivated allegations that lenders discriminate against minority neighborhoods, a process known as "redlining" (Dreier 1991). Research into these allegations...

Measuring external shocks to the city economy: an index of export prices and terms of trade.
March 22, 1997... The Export Price Index The myriad of factors that affect economic activity in cities makes simple indicators such as output, employment or income of limited use to either the practitioner or academician. It is difficult, if not impossible, to...

Indicators of housing finance intergenerational wealth transfers.
March 22, 1997... Housing combines all the interesting characteristics of a durable good: it is an essential good, it requires initial investments far in excess of a median annual household income and it provides services for two or more subsequent household...