Registered sex offenders and house prices: : An hedonic analysis

• Autores: Steven B. Caudill, Ermanno Affuso, Ming Yang
• Localización: Urban Studies, ISSN-e 1360-063X, Vol. 52, Nº. 13, 2015, págs. 2425-2440
• Idioma: inglés
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• Resumen

  • The sex offender registry system provides consumers with locations of registered sex offenders. This paper uses two methods to evaluate the impact of sex offender registries on house prices in Memphis. Using an hedonic spatial error model, we find that each additional sex offender in a one-mile radius results in a loss of about 2% of the property value and that a 10% increase in distance from the nearest sex offender increases value by about 0.17%. At the mean values of the independent variables we find a 7% loss of value within a one-mile radius and a 14% loss of value within a 0.1 mile radius