Figure - available from: The Annals of Regional Science
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Average prices in the city of Chicago 2008–2012 by census tracts

Average prices in the city of Chicago 2008–2012 by census tracts

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Foreclosures have negative impacts not just on homeowners, but also on neighboring properties. Due to the heterogeneous characteristics of the housing market, different neighborhoods can be impacted differently by foreclosures. This study focuses on the varying impacts of foreclosures on nearby property values across space. These results can provid...