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Home owners definitely believe that proximity to multitenant housing lowers property values, and vote accordingly (whether that is actually the case is up for d
by tqi 6y ago
Home owners definitely believe that proximity to multitenant housing lowers property values, and vote accordingly (whether that is actually the case is up for debate, but also less relevant to voting behavior than perception).
[1] page 4: https://www.jchs.harvard.edu/sites/default/files/rr07-14_obrinsky_stein.pdf https://www.jchs.harvard.edu/sites/default/files/rr07-14_obr...
- zepto 6y agoYes, the belief is prevalent, even though mostly wrong. My guess is that other downsides, real and imagined, make people overestimate the impact on prices.