Longer term housing market effects of a major US airport closure

• Published in: Real estate economics Vol. 51; no. 4; pp. 990 - 1010
• Main Authors: Cohen, Jeffrey P., Coughlin, Cletus C., Crews, Jonas, Ross, Stephen L.
• Format: Journal Article
• Language: English
• Published: Bloomington Blackwell Publishing Ltd 01.07.2023
• Subjects: Airports; Households; Housing; Redevelopment

Using a unique dataset, we examine various effects of closing Denver's Stapleton Airport, and subsequent redevelopment, on nearby housing markets. We find immediate anticipatory price effects upon announcement, but no price changes at closing and little evidence of upward trending prices betwee...