HKS Affiliated Authors

Additional Authors:

  • Kristina Tobio
  • Joshua Gottlieb

Excerpt

Housing Booms and City Centers. Edward Glaeser, Kristina Tobio, Joshua Gottlieb, March 2012, Paper. "Popular discussions often treat the great housing boom of the 1996-2006 period as if it were a national phenomenon with similar impacts across locales, but across metropolitan areas, price growth was dramatically higher in warmer, less educated cities with less initial density and higher initial housing values. Within metropolitan areas, price growth was faster in neighborhoods closer to the city center. The centralization of price growth during the boom was particularly dramatic in those metropolitan areas where income is higher away from the..." Link