Rent Gradient of a College Town

George Langelett and Kuo-Liang Chang

No 145602, Economics Staff Papers from South Dakota State University, Department of Economics

Abstract: Metropolitan areas exhibit a rent gradient based on the distance from the Central Business District(CBD). By contrast to metropolitan models, Brookings, SD, is a traditional college town and home to South Dakota State University. The city also has a vibrant business district located on Main Avenue. Based on model construction from previous research, data gathered from rental units in Brookings were analyzed and compared. According to the empirical results, a rent gradient exists around campus rather than the traditional CBD.

Keywords: Consumer/Household Economics; Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Pages: 19
Date: 2013-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sdsusp:145602

DOI: 10.22004/ag.econ.145602

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