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Mass shooting, gender, and housing price disparities

Author

Listed:
  • Yongseok Kim

    (University of San Diego)

  • Junyeol Ryu

    (University of Oklahoma)

  • Myongjin Kim

    (University of Oklahoma)

  • Suman Basuroy

    (Michigan State University)

Abstract

This research delves into the diverse effects of mass shootings on the real estate market, specifically examining the gender dynamics at play. We use a difference-in-differences identification strategy in the context of the mass shooting in 2000, in Wakefield, Massachusetts. Our primary finding indicates that, following the mass shooting, house prices in Wakefield decline by about 4.7% and that males are in a better advantageous position with respect to negotiations in comparison to their female counterparts. Our investigation unveils that the bargaining power of a male seller exceeds that of a male buyer. Additionally, possessing prior transactional experience positively correlates with enhanced outcomes in housing transactions.

Suggested Citation

  • Yongseok Kim & Junyeol Ryu & Myongjin Kim & Suman Basuroy, 2025. "Mass shooting, gender, and housing price disparities," Marketing Letters, Springer, vol. 36(3), pages 369-383, September.
    • Handle: RePEc:kap:mktlet:v:36:y:2025:i:3:d:10.1007_s11002-024-09755-1
    DOI: 10.1007/s11002-024-09755-1
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