The Effect of Group Homes on Neighborhood Property Values

Peter F. Colwell, Carolyn A. Dehring and Nicholas A. Lash

Land Economics, 2000, vol. 76, issue 4, 615-637

Abstract: The majority of studies examining the impact of group homes on neighborhood property values have found that group homes do not adversely effect property values. In our study of seven group homes neighborhoods in DuPage County, Illinois, we find that properties which are proximate to group homes experience a decline in value following the announcement of a group home's pending establishment. In our analysis, observations across time and space are incorporated into a format that is similar to an event study. Our model is the first in this literature to accommodate different price levels and appreciation rates across neighborhoods.

JEL-codes: R20 (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
http://www.jstor.org/stable/pdfplus/3146956
A subscription is required to access pdf files. Pay per article is available.

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:uwp:landec:v:76:y:2000:i:4:p:615-637

Access Statistics for this article

More articles in Land Economics from University of Wisconsin Press
Bibliographic data for series maintained by ().