U.S. suburbanization in the 1980's

Article Abstract:

A monocentric urban model was utilized to measure and analyze the differences of suburbanization rates of US metropolitan areas during the 1980's. A good definition of population distribution for the declining number of urban areas was illustrated by the monocentric urban model. However, the model proved to be ineffective for an increasing number of urban areas. The average suburbanization rate among US metropolitan areas in the 1980's was the same as the in the 1970's. However, a single sufficient theory that measures the suburbanization among metropolitan areas rate is unavailable. Governmental policies have only limited effect on the suburbanization rate.

Administration of Urban Planning and Community and Rural Development, Urban Renewal Programs, United States, Urban renewal, Suburbs

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Expectations, efficiency, and euphoria in the housing market

Article Abstract:

Informational efficiency in the housing industry is evaluated by using census disaggregated data to analyze single family house rate appreciation. Indeed the equilibrium component of the rent/price ratios, which varies throughout the 64 standardized metropolitan areas studied because of variations in the grade of rental and private housing, is an important predictor of resulting house price rates. Similarly, the disequilibrium component yields the same predictive ability.

Single Family Housing Construction, Single-family housing construction, 1-Family Housing, Research, Residential construction, Rational expectations (Economics), Single family housing

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Housing price dynamics within a metropolitan area

Article Abstract:

A model of house price appreciation in the Boston area is used to determine important characteristics that influence housing and land rates. Between 1982 and 1992, the price changes throughout cities and towns are affected by employment conditions, nearness to the town, quality of educational institutions and number of housing facilities. This finding correlates with standard urban models wherein towns have permanent local facilities.

Boston, Massachusetts

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