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Home price appreciation in low- and moderate-income markets

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Author Info

  • Karl E. Case
  • Maryna Marynchenko

Abstract

Do homes in low- and moderate- income areas of a city appreciate like homes in high income areas? Do owners of those lower-priced homes accumulate as much equity as owners of higher-priced homes? Karl Case and Maryna Marynchenko share their results, some of which are quite surprising.

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File URL: http://www.bostonfed.org/commdev/c&b/2002/spring/appreciation.pdf
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Bibliographic Info

Article provided by Federal Reserve Bank of Boston in its journal Communities and Banking.

Volume (Year): (2002)
Issue (Month): Spr ()
Pages: 8-12

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Handle: RePEc:fip:fedbcb:y:2002:i:spr:p:8-12

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Related research

Keywords: Housing - Boston ; Housing - Chicago ; Housing - Los Angeles;

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Cited by:
  1. Guerrieri, Veronica & Hartley, Daniel & Hurst, Erik, 2013. "Endogenous gentrification and housing price dynamics," Journal of Public Economics, Elsevier, vol. 100(C), pages 45-60.
  2. Turner, Tracy M. & Luea, Heather, 2009. "Homeownership, wealth accumulation and income status," Journal of Housing Economics, Elsevier, vol. 18(2), pages 104-114, June.

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