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- W2764152461 abstract "This article uses data on 3,788 vacant land sales to explore the pattern of land values in the city of Detroit, Michigan. The analysis provides evidence of a U-shaped land value gradient. Land values are relatively high in and near the central business district (CBD), but the land value gradient is very steep; estimated land values drop precipitously to less than $1,000 for typical sized lot in a vast donut area surrounding the CBD. However, land values begin to rise near the city's border. (JEL R14)" @default.
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- W2764152461 date "2017-10-03" @default.
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- W2764152461 title "The Land Value Gradient in a (Nearly) Collapsed Urban Real Estate Market" @default.
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- W2764152461 doi "https://doi.org/10.3368/le.93.4.549" @default.
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