2 edition of Externalities, segregation, and housing prices found in the catalog.
Includes bibliographical references.A condensed version of the authors thesis, Harvard University.
|The Physical Object|
|Pagination||xvi, 92 p. :|
|Number of Pages||41|
|3||Urban Institute paper ;|
nodata File Size: 4MB.
African American households hold just 5. The basic unit of observation is the city or metropolitan area. Although there is room for market-based corrective Externalities, government intervention is often required to ensure that benefits and costs are fully internalized.
Finally, if Airbnb expansion comes at the expense of traditional hotels, it could have a negative impact on employment. To address the targeted knowledge, comprehensive quantitative data was analyzed combining advanced econometric methods and GIS techniques. See Office of New York State Attorney General 2014. 1989 1998 2007 2016 1989—2016 change Primary residence Bottom Externalities percent 9.
Of course, one could argue that such externalities are also incurred with long-term rentals not arranged through Airbnb. Our goal is to estimate the causal relationship.
Although this action provides no formal benefits to the neighborhoods, it gives them an intrinsic sense of stature for engaging public officials and addressing local issues affecting their community. At its inception, Airbnb advertised itself as a way for homeowners or long-term renters to Externalities out a room in their primary residence, or as a way for people to rent out their dwellings for short periods while they themselves are traveling.
Data and descriptive statistics For the purposes of this paper, we must combine information on segregation within a city with information on property values in that city. On the other hand, the Northgate Park hedonic model has a higher R 2 coefficient of determination. In some sense, the shift in cleaning jobs from traditional hotels to cleaning services for Airbnb hosts is likely analogous in its economic effects to what happens when traditional hotels outsource their own cleaning staffs.
Second, the study seems clearly written to maximize and housing prices perceived support Airbnb might provide local economies—both now and into the future.
and housing prices All letters in Greek are parameters to be estimated, and subscript i indicates the number of observations. Based on the findings from the externalities point of view, heavy subsidization of homeownership may not be justified and this should be brought into discussion. However, in European cities, which are more homogeneous in racial and ethnic terms, studies in the first decades after the Second World Segregation focused on social class as an identifier of spatial separation, especially with labour migration.
2018 apply the regression results identified by Barron, Kung, and Proserpio 2018 to the large increase in Airbnb rentals in New York City.
People can resolve the problems through mutually beneficial transactions.
A high positive Z score for a feature indicates a spatial clustering of hot spots.
My working paper contributes to a body of research that suggests local land use regulation and opposition to housing development explains some of the variation in housing costs and segregation.