Journal Article
The center restored: Chicago's residential price gradient reemerges
Abstract: After a long period during which house prices were not affected by distance from Chicago's central business district, values now decline by more than 8 percent per mile. Annual appreciation rates in house prices are higher in neighborhoods close to the city center with large minority populations, high concentrations of poverty, and many vacant homes in 1990.
Keywords: Chicago (Ill.); Housing - Prices; Population;
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 2002
Volume: 26
Issue: Q II
Pages: 2-11