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The Location of Nonprofit Organizations Influences Residential Housing Prices

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Publication Date: January 2006

Publisher(s): Indiana University. Center for Urban Policy and the Environment

Author(s): John Ottensmann; Wolfgang Bielefeld; Seth Payton

Topic: Social conditions (Housing)

Type: Report

Coverage: Indiana

Abstract:

This report describes an analysis of the effect of nonprofit organizations on residential property values. The results show that the contribution of nearby nonprofit organizations to the prices in Indianapolis of houses sold is significant.