Year: 2025
Type: article
Abstract: This study analyzes the impact of public housing on adjacent neighborhoods, focusing on their consumption levels and the population share of individuals aged 20–59 years. Using administrative data on public housing and credit card usage data with detailed geography, we examine the heterogeneous effects of two types of public housing: buy‐to‐rent and build‐to‐rent. Buy‐to‐rent housing exhibits no significant effects on neighborhoods within its 500‐m radius. In contrast, build‐to‐rent housing reduces the consumption level by 1.9% and the share of the working‐age population by 0.3 percentage points. The negative effects increase as the neighborhood's proximity to public housing increases.
Source: Contemporary Economic Policy
DOI: 10.1111/coep.12701
Authors: Changsu Ko, Jinsoo Bae, Heepyung Cho
Institutions: Inha University, Korea Institute of Finance, Korea University
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $2,970
Funder: Korea University
Award: G8535861752
OpenAlex ID: W4410718655