The Role of Proximity in Foreclosure Externalities: Evidence from Condominiums
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We measure the effect of foreclosures on the sale prices of nearby properties using a dataset of condominiums in Boston. A foreclosure in the same association and at the same address depresses the sale price by 2.5 percent, but properties in the same association but located at a different address
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美国国家经济研究局创建时间：
2014-04-01
