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Smart growth and the challenge of nimby: multifamily dwellings and their association with single-family house selling prices in Tallahassee, Florida, USA
[journal article]
Abstract Citizens protest development when they consider it undesirable. One type of
development commonly perceived as undesirable by single-family home owners is
proximate multifamily housing, often considered a cause of property devaluation. This
study assesses multifamily housing, by typology, and its ... view more
Citizens protest development when they consider it undesirable. One type of
development commonly perceived as undesirable by single-family home owners is
proximate multifamily housing, often considered a cause of property devaluation. This
study assesses multifamily housing, by typology, and its monetary association with
proximate single-family housing prices. The research design is a cross-sectional study
using multivariate regression. The unit of analysis is the detached single-family dwelling.
The study population is a sample taken from all arms-length owner-occupied, primary
residence, detached single-family property transactions recorded in Tallahassee-Leon
County, Florida, USA, during 2008. The key findings show no statistically significant
negative associations between multifamily housing and single-family property selling prices
in the sample; in fact, the two were positively correlated. These findings address singlefamily homeowner concerns about proximate multifamily housing and should bolster the
political feasibility of Smart Growth policy, which recommends denser urban infill.... view less
Keywords
United States of America; housing market; single-family residence; apartment house; land utilization; real estate; devaluation; residential environment; price; building density; neighborhood
Classification
Area Development Planning, Regional Research
Free Keywords
smart growth
Document language
English
Publication Year
2013
Page/Pages
p. 77-88
Journal
Journal of Urban and Regional Analysis, 5 (2013) 1
ISSN
2067-4082
Status
Published Version; peer reviewed