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The Role of Acculturation in Housing Markets: Evidence from the Institutionalization of the Cemetery

Chad Kwon

ERES from European Real Estate Society (ERES)

Abstract: We study the relationship between housing markets and cemeteries. The latter has beenscantly researched in the literature, perhaps due to: our collective avoidance of the thought of deathitself, as explained by Ariès (1974); or limited availability of data. Recently, Canofari, Marinni, andScaramozzino (2017) investigate the price of cemetery plots across the U.S., showing there is muchheterogeneity in prices and locations of graveyards. The limitation of this and other empiricalstudies is their inability to identify individual burial sites by names, ownership types, and theircharacteristics. This motivates us to obtain more detailed information on cemeteries in the U.S.Our objective is to analyze the relationship between housing markets and these culturally significantlandmarks scattered across the country.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2019-01-01
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2019_249

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