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The Impact of Neighborhood Homeownership Rates: A Review of the Theoretical and Empirical Literature

Author

Listed:
  • Donald R. Haurin
  • Robert D. Dietz
  • Bruce A. Weinberg

Abstract

We review the literature about the impact of a neighborhood’s homeownership rates on the residents of the area. We categorize the types of neighborhood effects and review the social science literature that presents theories of how neighborhoods affect the residents or surrounding areas. We then review the empirical literature that measures the size of neighborhood effects, highlighting studies of the impact of neighborhood homeownership rates.We found that when applied to neighborhood homeownership rates, numerous theories have rich sets of testable predictions. Few empirical studies of the impact of neighborhood homeownership rates were found. Little is known about the impact of cross-sectional or intertemporal variations in neighborhood homeownership rates. Understanding how neighborhood homeownership rates impact behaviors is very important when developing public policy. Also, knowing whether neighborhood homeownership effects have a nonlinear impact is important when deciding whether public policy should encourage spatial clusters of homeowners.

Suggested Citation

  • Donald R. Haurin & Robert D. Dietz & Bruce A. Weinberg, 2002. "The Impact of Neighborhood Homeownership Rates: A Review of the Theoretical and Empirical Literature," Journal of Housing Research, Taylor & Francis Journals, vol. 13(2), pages 119-151, January.
  • Handle: RePEc:taf:rjrhxx:v:13:y:2002:i:2:p:119-151
    DOI: 10.1080/26911337.2002.12519477
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