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The Improvement Expenditures of Urban Homeowners: An Empirical Analysis

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  • Thomas P. Boehm
  • Keith R. Ihlanfeldt

Abstract

This paper presents evidence on the factors influencing the housing improvement expenditures of urban homeowners. In comparison to prior work, a more completely specified model was estimated. In particular, variables measuring the price of inputs and neighborhood quality were included and found to have a statistically significant impact on the maintenance and improvement expenditures of central city homeowners.

Suggested Citation

  • Thomas P. Boehm & Keith R. Ihlanfeldt, 1986. "The Improvement Expenditures of Urban Homeowners: An Empirical Analysis," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 14(1), pages 48-60, March.
  • Handle: RePEc:bla:reesec:v:14:y:1986:i:1:p:48-60
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    File URL: https://doi.org/10.1111/1540-6229.00368
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    Cited by:

    1. Joseph Gyourko & Joseph Tracy, 2006. "Using Home Maintenance and Repairs to Smooth Variable Earnings," The Review of Economics and Statistics, MIT Press, vol. 88(4), pages 736-747, November.
    2. Horn, Keren Mertens, 2015. "Can improvements in schools spur neighborhood revitalization? Evidence from building investments," Regional Science and Urban Economics, Elsevier, vol. 52(C), pages 108-118.
    3. Stephen B. Billings, 2015. "Hedonic Amenity Valuation and Housing Renovations," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(3), pages 652-682, September.
    4. repec:spr:jahrfr:v:38:y:2018:i:2:d:10.1007_s10037-018-0125-3 is not listed on IDEAS
    5. repec:ire:issued:v:21:n:03:2018:p:317-341 is not listed on IDEAS
    6. Munneke, Henry J. & Womack, Kiplan S., 2015. "Neighborhood renewal: The decision to renovate or tear down," Regional Science and Urban Economics, Elsevier, vol. 54(C), pages 99-115.
    7. Gyourko, Joseph & Saiz, Albert, 2004. "Reinvestment in the housing stock: the role of construction costs and the supply side," Journal of Urban Economics, Elsevier, vol. 55(2), pages 238-256, March.
    8. Haughwout, Andrew F. & Sutherland, Sarah & Tracy, Joseph, 2013. "Negative equity and housing investment," Staff Reports 636, Federal Reserve Bank of New York.
    9. Ishikawa, Noriko & Fukushige, Mototsugu, 2010. "Households' attitudes toward earthquake protection: An empirical analysis of the impact of fiscal support in Japan," Journal of Housing Economics, Elsevier, vol. 19(1), pages 51-65, March.
    10. repec:kap:jrefec:v:58:y:2019:i:4:d:10.1007_s11146-018-9669-9 is not listed on IDEAS
    11. Joseph Gyourko & Albert Saiz, 2003. "Urban decline and housing reinvestment: the role of construction costs and the supply side," Working Papers 03-9, Federal Reserve Bank of Philadelphia.

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