2012
DOI: 10.3386/w18111
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When Walmart Comes to Town: Always Low Housing Prices? Always?

Abstract: Walmart often faces strong local opposition when trying to build a new store. Opponents often claim that Walmart lowers nearby housing prices. In this study we use over one million housing transactions located near 159 Walmarts that opened between 2000 and 2006 to test if the opening of a Walmart does indeed lower housing prices. Using a difference-in-differences specification, our estimates suggest that a new Walmart store actually increases housing prices by between 2 and 3 percent for houses located within … Show more

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Cited by 10 publications
(2 citation statements)
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“…More recently, Pope and Pope (2015) associate the opening of a Walmart store with an increase in nearby housing prices. Holmes (2011) and Jia (2008) analyze the spatial expansion of Walmart stores.…”
Section: Appendix B: the Effect Of Walmart On Other Outcomesmentioning
confidence: 98%
See 1 more Smart Citation
“…More recently, Pope and Pope (2015) associate the opening of a Walmart store with an increase in nearby housing prices. Holmes (2011) and Jia (2008) analyze the spatial expansion of Walmart stores.…”
Section: Appendix B: the Effect Of Walmart On Other Outcomesmentioning
confidence: 98%
“…Among those described are property tax collections and social capital, among others. See Pope and Pope (2015) for a review. Courtemanche and Carden (2011) analyze the effect of the opening of a Walmart Supercenter on obesity.…”
Section: Appendix A: Link Between Avoidable Hospitalization Conditionmentioning
confidence: 99%