The public housing in these areas is now accessible, well endowed with natural amenities, and allocated to very low-income households. Analysis of sales of private housing reveals the expected discount on sales of nearby houses. But analysis of the influence of spatial variation in natural amenities on incomes and structural characteristics indicates large-scale effects of the public housing developments: diversion of higher-income housing to other suburban areas and possibly maintenance of older high-quality housing in central areas.
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Document Type | General |
Publish Date | 31/08/2011 |
Author | |
Published By | Department of Economics University of Otago |
Edited By | Suneela Farooqi |