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Home price appreciation in low- and moderate-income markets

Author

Listed:
  • 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.

Suggested Citation

  • Karl E. Case & Maryna Marynchenko, 2002. "Home price appreciation in low- and moderate-income markets," Communities and Banking, Federal Reserve Bank of Boston, issue Spr, pages 8-12.
  • Handle: RePEc:fip:fedbcb:y:2002:i:spr:p:8-12
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    File URL: http://www.bostonfed.org/commdev/c&b/2002/spring/appreciation.pdf
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    Citations

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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, pages 45-60.
    2. Riley, Sarah F. & Ru, Hong Yu & Feng, Qing, 2013. "The User Cost of Low-Income Homeownership," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 43(2).
    3. 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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