Location, Location, Location: Manufacturing and House Price Growth
Location, Location, Location: Manufacturing and House Price Growth
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Author / Creator
Publisher
Oxford University Press
Journal title
Language
English
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Publisher
Oxford University Press
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Scope and Contents
Contents
Abstract
Exploiting data on tens of millions of housing transactions, we show that (1) house prices grew by less in manufacturing-heavy US regions, (2) this pattern is especially present for the lowest-value homes and that (3) price declines coincided with worse labour market outcomes, consistent with an income channel. Counterfactual accounting...
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Full title
Location, Location, Location: Manufacturing and House Price Growth
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Author / Creator
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Record Identifier
TN_cdi_crossref_primary_10_1093_ej_uead008
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_ej_uead008
Other Identifiers
ISSN
0013-0133
E-ISSN
1468-0297
DOI
10.1093/ej/uead008