IDEAS home Printed from https://ideas.repec.org/a/taf/houspd/v33y2023i4p891-908.html
   My bibliography  Save this article

Effects of Proximity to Multifamily Housing on Property Values in Little Rock, Arkansas, 2000–2016

Author

Listed:
  • Michael Craw

Abstract

A common form of not-in-my-backyard (NIMBY) activism is resistance to multifamily housing. Although NIMBY activism often targets both market-rate and subsidized multifamily development, studies of the effects of multifamily housing primarily focus on subsidized rental apartments. This study addresses this gap by analyzing the effects of condominiums and market-rate apartments as well as subsidized rental housing. Taking Little Rock, Arkansas, as a case study, this research uses a difference-in-differences approach to measure the effects of five types of multifamily housing on nearby single-family home sales prices: condominiums, market-rate rental apartments, subsidized rental apartments, senior and special needs apartments, and other multifamily housing (such as dormitories). The results suggest that most forms of multifamily housing have either no effect or a positive effect on sales prices for single-family homes within 2,000 feet of a new multifamily housing development.

Suggested Citation

  • Michael Craw, 2023. "Effects of Proximity to Multifamily Housing on Property Values in Little Rock, Arkansas, 2000–2016," Housing Policy Debate, Taylor & Francis Journals, vol. 33(4), pages 891-908, July.
    • Handle: RePEc:taf:houspd:v:33:y:2023:i:4:p:891-908
    DOI: 10.1080/10511482.2020.1821747
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10511482.2020.1821747
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10511482.2020.1821747?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:houspd:v:33:y:2023:i:4:p:891-908. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RHPD20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.