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- W3125299060 abstract "Abstract The presence of lead paint significantly impairs cognitive and behavioral development, yet little is known about the value to households of avoiding this residence-specific environmental health risk. In this paper, we estimate the benefits of lead-paint remediation on housing prices. Using data on all homes that applied to a HUD-funded program in Charlotte, North Carolina, we adopt a difference-in-differences estimator that compares values among remediated properties with those for which an inspection does not identify a lead paint hazard. Results indicate large returns for public and private investment in remediation with each $1 spent on lead remediation generating $2.60 in benefits as well as a reduction in residential turnover." @default.
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- W3125299060 date "2017-09-01" @default.
- W3125299060 modified "2023-10-13" @default.
- W3125299060 title "The value of a healthy home: Lead paint remediation and housing values" @default.
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- W3125299060 doi "https://doi.org/10.1016/j.jpubeco.2017.07.006" @default.
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