Undergraduate Honors Thesis

Abstract

• This paper measures the effect of public housing on house prices. Due to extensive research on the negative spillover effects of public housing, one might question why policymakers still push public housing policy. However, many low-income families cannot afford their housing costs and demand more affordable housing. Using data from the Department of Housing and Urban Development (HUD) and the US Census, I run a fixed-effects regression of distance away from public housing, controlling for characteristics in the area. For every one mile increase away from public housing, there is an associated 11.6 percent increase in average house prices, assuming constant slope. For this non-linear model, the effect of public housing on house prices is diminished for each additional mile. Overall, public housing is associated with a decline in house prices.

Creator

• Landau, Rebecca

Date Awarded

• 2018-01-01

Academic Affiliation

• Economics

Advisor

• Jaworski, Taylor

Committee Member

• Kleiber, William
• McKinnish, Terra

Granting Institution

• University of Colorado Boulder

Subject

• house prices
• fixed effects
• public housing
• affordable housing
• quadratic regression
• LIHTC

Last Modified

• 2019-12-02

Resource Type

• Undergraduate Honors Thesis

Rights Statement

• In Copyright

Language

• English [eng]

Relationships

In Collection:

• Arts and Sciences Honors Program

Items

Thumbnail	Title	Date Uploaded	Visibility	Actions
	effectOfPublicHousingOnHousePrices.pdf	2019-11-21	Public	Download