| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26587 |
| 来源ID | Working Paper 26587 |
| The (Non-) Effect of Opportunity Zones on Housing Prices | |
| Jiafeng Chen; Edward L. Glaeser; David Wessel | |
| 发表日期 | 2019-12-30 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Will the Opportunity Zone program, America’s largest new place-based policy in decades, generate neighborhood change? We compare single-family housing price growth in Opportunity Zones with price growth in areas that were eligible but not included in the program. We also compare Opportunity Zones to their nearest geographic neighbors. All estimates rule out price impacts greater than 1.3 percentage points with 95% confidence, suggesting that, so far, home buyers don’t believe that this subsidy will generate major neighborhood change. Opportunity Zone status reduces prices in areas with little employment, perhaps because buyers think that subsidizing new investment will increase housing supply. |
| 主题 | Subnational Fiscal Issues ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w26587 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584261 |
| 推荐引用方式 GB/T 7714 | Jiafeng Chen,Edward L. Glaeser,David Wessel. The (Non-) Effect of Opportunity Zones on Housing Prices. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26587.pdf（442KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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