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Do First Time Home Buyers in the U.S. Improve Their Neighborhood Quality?

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  • Shannon Van Zandt
  • William M. Rohe
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    Abstract

    This study examines how becoming a home buyer affects the quality of the neighborhood in which lower-income buyers live. Three questions are addressed: Do lower-income buyers buy in higher quality neighborhoods than the ones in which they rented? Are lower-income buyers locating in higher quality neighborhoods than a comparison group of continuing renters? Are the neighborhoods of new buyers improving or deteriorating relative to those of continuing renters?

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    File URL: http://www.huduser.org/Publications/pdf/HomeBuyersImproveNeighbrhdQlty.pdf
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    Bibliographic Info

    Paper provided by HUD USER, Economic Development in its series Economic Development Publications with number 39138.

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    Length: 43 pages
    Date of creation: Mar 2006
    Date of revision:
    Handle: RePEc:hud:wpaper:39138

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