Housing's Economic and Social Impacts
- Iowa Finance Authority
- Publication Type:
- 2007, pp. 1 - 101
- Issue Date:
Larger family housing developments slowed neighboring property value appreciation in Polk County by 3.8% in the first year or two after developments were approved, but had no significant effect once developments were established (three to four years after approval). Mixed-income, high-quality developments had no significant effect on neighboring values during the first year or two, but once developments were established, had significant positive effects on property values, increasing them on average by 8%. Elderly housing developments increased neighboring property value appreciation by about 5% in the first year or two, but had no significant further effect.
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