Neighborhood diversity and the appreciation of native- and immigrant-owned homes
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Cobb-Clark, Deborah A.; Sinning, Mathias
Description
This paper examines the effect of neighborhood diversity on the nativity gap in home-value appreciation in Australia. Specifically, immigrant homeowners experienced a 41.7% increase in median home values between 2001 and 2006, while the median value of housing owned by the native-born increased by 59.4% over the same period. We use a semi-parametric decomposition approach to assess the relative importance of the various determinants of home values in producing this gap. We find that the...[Show more]
Collections | ANU Research Publications |
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Date published: | 2011 |
Type: | Journal article |
URI: | http://hdl.handle.net/1885/34671 |
Source: | Regional Science and Urban Economics |
DOI: | 10.1016/j.regsciurbeco.2011.01.006 |
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01_Cobb-Clark_Neighborhood_diversity_and_the_2011.pdf | 910.55 kB | Adobe PDF | Request a copy |
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