Food Deserts and House Prices: The Relevance of Access to Food in Urban Planning

Kathleen Kürschner Rauck

ERES from European Real Estate Society (ERES)

Abstract: We investigate the link between housing prices and food desert locations at census-tract level using house price index data from the Federal Housing Finance Agency and information on food desert locations from the United States Department of Agriculture. The results from two-way fixed effects regressions suggest that house prices in census tracts classified as food desert are, on average, 2.128 units lower than tracts not classified as such. Robustness tests employing an extended estimation sample corroborate this finding.Inquiries into leading and lagging effects to elucidate causality indicate that food deserts exert a significant impact on real estate, underscoring the importance of food access concerns in urban planning and housing policy design.

Keywords: Food Deserts; House Prices; Urban Planning (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2025-01-01
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2025_284

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