IDEAS home Printed from https://ideas.repec.org/a/taf/houspd/v29y2019i2p343-358.html
   My bibliography  Save this article

Does the Likely Demographics of Affordable Housing Justify NIMBYism?

Author

Listed:
  • Robert W. Wassmer
  • Imaez Wahid

Abstract

NIMBYism (not in my backyard) decreases the amount of affordable housing construction. A possible motivator for this is an existing homeowner’s fear that proximity to affordable housing depresses property value. Using a hedonic regression analysis of the sales prices of homes in Sacramento County, California, this study finds that increases in the demographic characteristics in a census tract that are likely to increase if more affordable housing is built there lower the sales price of a home. This finding holds even after controlling for the percentages of racial/ethnic groups more likely to face discrimination. Policymakers should recognize this economic element of NIMBYism as they consider instruments to increase the amount of affordable housing built. We conclude with a suggestion for a knowingly controversial policy mechanism based upon cap and trade with the hope it will spur further debate on this issue.

Suggested Citation

  • Robert W. Wassmer & Imaez Wahid, 2019. "Does the Likely Demographics of Affordable Housing Justify NIMBYism?," Housing Policy Debate, Taylor & Francis Journals, vol. 29(2), pages 343-358, March.
    • Handle: RePEc:taf:houspd:v:29:y:2019:i:2:p:343-358
    DOI: 10.1080/10511482.2018.1529694
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10511482.2018.1529694
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10511482.2018.1529694?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Robert W. Wassmer, 2021. "Do Higher Land Costs for New Single-Family Housing Inhibit Economic Activity in U.S. Metropolitan Areas?," Economic Development Quarterly, , vol. 35(4), pages 325-337, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:houspd:v:29:y:2019:i:2:p:343-358. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RHPD20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.