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Measuring the effects of perceptions of crime on neighborhood quality and housing markets

Petras, Tricia L
http://rave.ohiolink.edu/etdc/view?acc_num=osu1180319167

Abstract Details

2007, Doctor of Philosophy, Ohio State University, Public Policy and Management.
This dissertation examines the effect of crime on neighborhood quality through an examination of house prices. Instead of a straight examination of the effect of measured levels of crime on housing prices, this research explores the effect of how crime is perceived. Studies using crime statistics may be misleading due to issues due to issues with mismeasurement of crime and homebuyers’ awareness of crime statistics and risk-averse behavior of homebuyers. This is achieved using two approaches. The first uses survey data to compare how the effect of the satisfaction with safety from crime on house prices differs from the effect of measured crime rates on house prices. The second examines whether there are asymmetries in the perceptions of increases and decreases in crime rates and also examines how long the effects last as measured through effects on house prices. When hedonic models of house prices using the perception of crime are compared to models using measured crimes, neither measure is a good indicator of house prices. The results show that measured crime rates and perception of crime do not robustly predict house prices and in some cases indicate higher house prices associated with higher crime rates and dissatisfaction with safety in the neighborhood. The results from the analysis of hedonic price models using increases and decreases in crime do not show evidence that changes in crime should not be measured as a continuous linear variable. The results suffer from a lack of significant regression coefficients, leaving little to say about whether increases in crime are different from decreases in crime.
Robert Greenbaum (Advisor)
157 p.
Urban and Regional Planning
Perception of crime; crime; housing

Recommended Citations

Citations

  • Petras, T. L. (2007). Measuring the effects of perceptions of crime on neighborhood quality and housing markets [Doctoral dissertation, Ohio State University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=osu1180319167

    APA Style (7th edition)

  • Petras, Tricia. Measuring the effects of perceptions of crime on neighborhood quality and housing markets. 2007. Ohio State University, Doctoral dissertation. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=osu1180319167.

    MLA Style (8th edition)

  • Petras, Tricia. "Measuring the effects of perceptions of crime on neighborhood quality and housing markets." Doctoral dissertation, Ohio State University, 2007. http://rave.ohiolink.edu/etdc/view?acc_num=osu1180319167

    Chicago Manual of Style (17th edition)

osu1180319167
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© 2007, all rights reserved.
This open access ETD is published by The Ohio State University and OhioLINK.