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dc.contributor.authorThorsnes, Paul
dc.contributor.authorAlexander, Robert
dc.contributor.authorKidson, David
dc.date.available2012-01-04T23:29:36Z
dc.date.copyright2011-08-01
dc.identifier.citationThorsnes, P., Alexander, R., & Kidson, D. (2011). Low-income housing in high-amenity areas: Long-run impacts on residential development (Economics Discussion Papers Series No. 1115). University of Otago. Retrieved from http://hdl.handle.net/10523/2083en
dc.identifier.issn1178-2293
dc.identifier.urihttp://hdl.handle.net/10523/2083
dc.description.abstractCentre-left governments from the 1940s into the 1970s developed several large areas in the urban fringe of Dunedin, New Zealand for low-density, mostly single-family public rental housing. 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. Interestingly, centre-right governments may have opened the door to market forces by encouraging tenants to purchase their public rental house. We find evidence that the recent increase in house prices has encouraged relatively high income households to purchase ex-state rentals in these high natural amenity areas.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoenen_NZ
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.relation.urihttp://www.business.otago.ac.nz/econ/research/discussionpapers/index.htmlen_NZ
dc.subjecthousingen_NZ
dc.subjectlocal public goodsen_NZ
dc.subjectneighbourhood amenitiesen_NZ
dc.titleLow-income housing in high-amenity areas: Long-run impacts on residential developmenten_NZ
dc.typeDiscussion Paperen_NZ
otago.schoolDepartment of Economicsen_NZ
otago.openaccessOpen
otago.relation.number1115en_NZ
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