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Registered sex offenders and house prices: An hedonic analysis

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  • Steven B Caudill
  • Ermanno Affuso
  • Ming Yang

Abstract

The sex offender registry system provides consumers with locations of registered sex offenders. This paper uses two methods to evaluate the impact of sex offender registries on house prices in Memphis. Using an hedonic spatial error model, we find that each additional sex offender in a one-mile radius results in a loss of about 2% of the property value and that a 10% increase in distance from the nearest sex offender increases value by about 0.17%. At the mean values of the independent variables we find a 7% loss of value within a one-mile radius and a 14% loss of value within a 0.1 mile radius.

Suggested Citation

  • Steven B Caudill & Ermanno Affuso & Ming Yang, 2015. "Registered sex offenders and house prices: An hedonic analysis," Urban Studies, Urban Studies Journal Limited, vol. 52(13), pages 2425-2440, October.
    • Handle: RePEc:sae:urbstu:v:52:y:2015:i:13:p:2425-2440
    DOI: 10.1177/0042098014547368
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    Cited by:

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    2. Peiyong Yu, 2016. "Effects of Sex Offenders’ Residential Locations on Property Values Using both Parametric and Semiparametric Models," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 44(3), pages 277-291, September.
    3. Song, Jinbo & Nie, Rong & Yuan, Hehui & Gao, Jingxin, 2023. "Does the renovation of waste-to-energy incineration plants attenuate the housing price gradient? Evidence from a quasi-natural experiment in Shenzhen, China," Energy Economics, Elsevier, vol. 120(C).
    4. John C Navarro & Matt Ruther, 2020. "A geospatial analysis between the sale prices of single-family properties and the presence of registered sex offenders in Jefferson County, Kentucky," Urban Studies, Urban Studies Journal Limited, vol. 57(5), pages 944-958, April.
    5. Yencha, Christopher, 2019. "Valuing walkability: New evidence from computer vision methods," Transportation Research Part A: Policy and Practice, Elsevier, vol. 130(C), pages 689-709.
    6. Ermanno Affuso & J. Reid Cummings & Huubinh Le, 2018. "Wireless Towers and Home Values: An Alternative Valuation Approach Using a Spatial Econometric Analysis," The Journal of Real Estate Finance and Economics, Springer, vol. 56(4), pages 653-676, May.
    7. Yu Ye & Hanting Xie & Jia Fang & Hetao Jiang & De Wang, 2019. "Daily Accessed Street Greenery and Housing Price: Measuring Economic Performance of Human-Scale Streetscapes via New Urban Data," Sustainability, MDPI, vol. 11(6), pages 1-21, March.

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