Measuring neighborhood investments: An examination of community choice

Citation
D. Dipasquale et Me. Kahn, Measuring neighborhood investments: An examination of community choice, REAL EST EC, 27(3), 1999, pp. 389-424
Citations number
31
Categorie Soggetti
Economics
Journal title
REAL ESTATE ECONOMICS
ISSN journal
10808620 → ACNP
Volume
27
Issue
3
Year of publication
1999
Pages
389 - 424
Database
ISI
SICI code
1080-8620(199923)27:3<389:MNIAEO>2.0.ZU;2-1
Abstract
Community choice is a very important household decision, since it represent s an investment in community attributes that can have a significant effect on the quality of life of all household members, particularly by influencin g the future prospects of children. In this paper, we examine the housing a nd community choices of migrants to and within Los Angeles County identifie d in the 1990 5% public-use sample of the Census. Controlling for income, w e find that expenditures on housing structure are quite similar across race s. However, controlling for income, black and Hispanic households consume s ignificantly less in community attributes than white households.