000 | 01648naa a2200205uu 4500 | ||
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001 | 0121515564337 | ||
003 | OSt | ||
005 | 20190211174221.0 | ||
008 | 101215s2010 xx ||||gr |0|| 0 eng d | ||
100 | 1 |
_aDI, Wenhua _943439 |
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245 | 1 | 0 |
_aAn analysis of the neighborhood impacts of a mortgage assistance program : _ba spatial hedonic model |
260 |
_aHoboken : _bWiley-Blackwell, _cFall 2010 |
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520 | 3 | _aDown payment or closing cost assistance is an effective program in addressing the wealth constraints of low-and moderate-income homebuyers. However, the spillover effect of such programs on the neighborhood is unknown. This paper estimates the impact of the City of Dallas Mortgage Assistance Program (MAP) on nearby home values using a hedonic model of home sales from 1990 to 2006. We define neighborhoods of 1,000 feet around each sale and estimate the average differences in sales prices between neighborhoods with various numbers of MAP properties before and after their appearance. We find that MAP properties tend to locate in neighborhoods with lower property values; however, unless a concentration of MAP properties forms, the infusion of MAP properties has little detrimental impact on neighboring property values. Moreover, low concentration of MAP properties has a modest positive impact on surrounding property values | |
700 | 1 |
_aMA, Jielai _943440 |
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700 | 1 |
_aMURDOCH, James C _943441 |
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773 | 0 | 8 |
_tJournal of Policy Analysis and Management _g29, 4, p. 682-697 _dHoboken : Wiley-Blackwell, Fall 2010 _xISSN 02768739 _w |
942 | _cS | ||
998 |
_a20101215 _b1556^b _cDaiane |
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998 |
_a20110118 _b1720^b _cCarolina |
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999 |
_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c37804 _d37804 |
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041 | _aeng |