The Improvement Expenditures of Urban Homeowners: An Empirical Analysis |
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| Authors: | Thomas P Boehm Keith R Ihlanfeldt |
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| Institution: | Finance, College of Business Administration, The University of Tennessee, Knoxville Tennessee 37996-0540.;Department of Economics, Georgia State University, Atlanta, Georgia 30303. |
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| Abstract: | This paper presents evidence on the factors influencing the housing improvement expenditures of urban homeowners. In comparison to prior work, a more completely specified model was estimated. In particular, variables measuring the price of inputs and neighborhood quality were included and found to have a statistically significant impact on the maintenance and improvement expenditures of central city homeowners. |
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