TIEBOUT DYNAMICS: NEIGHBORHOOD RESPONSE TO A CENTRAL-CITY/SUBURBAN HOUSE-PRICE DIFFERENTIAL

$48.00 plus tax (Refund Policy)

Download / Buy Article:

Abstract:

ABSTRACT. 

We take advantage of an unusual natural experiment—a high-quality 1920s subdivision split neatly in half by a central-city/suburban boundary—to study the response over 30 years to the relative decline in the quality of central-city services since the 1960s. As expected, a large sale price differential opens in the 1960s. Demographic characteristics are nevertheless similar across the boundary. Survey data indicate Tiebout sorting: the central city side attracts households who prefer alternatives to suburban public schools. Children attend parochial and public “magnet” schools. A neighborhood association supplements municipal services. Rigid service district boundaries inhibit closure of the house-price differential.

Document Type: Research Article

DOI: http://dx.doi.org/10.1111/j.1467-9787.2007.00526.x

Affiliations: 1: Department of Economics, University of Otago, P.O. Box 56, Dunedin, New Zealand., Email: pthorsnes@business.otago.ac.nz 2: Department of Economics, Grand Valley State University, 401 W. Fulton Street, Grand Rapids, MI 49504., Email: reifelj@gvsu.edu

Publication date: October 1, 2007

Related content

Tools

Favourites

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more