Sensitivity of Rural Housing Values to Aggregate Economic Policy

Saleem Shaik and Cole Gustafson

No 49515, 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin from Agricultural and Applied Economics Association

Abstract: This paper has a two-fold contribution, 1) Examine the importance of aggregate economic policy on housing prices and rural housing prices, and 2) delineate factors resulting in divergent housing prices between urban and rural markets. Empirical application to US state level data from 1975-2006 indicates general economic variables are consistently influencing both urban and rural housing prices. While the farm economic variables do have differential influences on the housing and rural housing prices, their effects are transitory. Finally regional effects have greater impact on differential effects on urban rural housing price indexes than national farm programs.

Keywords: Community/Rural/Urban; Development (search for similar items in EconPapers)
Pages: 16
Date: 2009
New Economics Papers: this item is included in nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/49515/files/AAEA09%20Housing.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea09:49515

DOI: 10.22004/ag.econ.49515

Access Statistics for this paper

More papers in 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().