Who wants affordable housing in their backyard? An equilibrium analysis of low-income property development

We nonparametrically estimate spillovers of properties financed by the Low Income Housing Tax Credit (LIHTC) onto neighborhood residents by developing a new difference-in-differences style estimator. LIHTC development revitalizes low-income neighborhoods, increasing house prices 6.5 percent, lowerin...

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Bibliographic Details
Main Authors: Diamond, R. (Author), McQuade, T. (Author)
Format: Article
Language:English
Published: University of Chicago Press 2019
Subjects:
Online Access:View Fulltext in Publisher