The Changing Nature of Housing Markets in Upstate New York

Abstract

The rapid rate of land development across the US. leads to what is commonly referred to as residential sprawl. This article reviewed issues related to rural residential sprawl and the forces behind it, including the role of home buyer preferences. A sample of 63,196 home sale transactions that occurred between 1998 and 2005 in the Rochester, New York housing market comprised the data set for a hedonic pricing analysis that included open space variables within the vectors of housing characteristics. Results from the analysis indicated that household preferences for more living space, site acreage, and proximity to open space were among the driving forces for residential sprawl in this housing market.

Publisher

Taylor & Francis

Publication Date

1-1-2007

Publication Title

Housing and Society

Department

Economics

Additional Department

Environmental Studies

Document Type

Article

DOI

https://dx.doi.org/10.1080/08882746.2007.11430545

Language

English

Format

text

Link to Full Text

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