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The Journal of Real Estate Finance and Economics

Erschienen in:

24.08.2018

Social Interaction and Urban Location Decisions

verfasst von: Zackary B. Hawley, Geoffrey K. Turnbull

Erschienen in: The Journal of Real Estate Finance and Economics | Ausgabe 1/2019

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Abstract

This paper examines how household social interaction affects housing and location demand in urban settings. The extended Alonso-Muth urban household model shows that the effects on density and location hinge upon the demand relationship between social activities and housing consumption. Stronger tastes for social activities outside the home lead to lower housing demand and decrease demanded distance from the CBD. Stronger tastes for socializing at home have the opposite effects on housing and location demands. The empirical analysis of interaction survey data yields results consistent with the theoretical framework.

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Access to the unrestricted data can be found through www.roper.uconn.edu.

Blacks and Hispanics account for 500 respondents each which resulted in an additional 288 blacks and 294 Hispanics to be included in the sample than otherwise would have been.

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Titel: Social Interaction and Urban Location Decisions
verfasst von: Zackary B. Hawley
Geoffrey K. Turnbull
Publikationsdatum: 24.08.2018
Verlag: Springer US
Erschienen in: The Journal of Real Estate Finance and Economics / Ausgabe 1/2019
Print ISSN: 0895-5638
Elektronische ISSN: 1573-045X
DOI: https://doi.org/10.1007/s11146-018-9673-0

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