Building subsidized low-income housing actually lifts property values in a neighborhood, contradicting NIMBY concerns
- Written by Anthony W. Orlando, Assistant Professor of Finance, Real Estate and Law, California State Polytechnic University, Pomona
Today's low-income housing developments, like this one in St. Louis, are of a much higher quality than those of the past. AP Photo/Jeff RobersonThe Research Brief is a short take about interesting academic work.
The big idea
Building multiple publicly subsidized low-income housing developments in a neighborhood doesn’t lower the value of other...