Abstract
The paper examines differences in housing externalities across regions with different political affiliations. Using a merged dataset containing data on public housing upgrading, resale public housing transactions, electoral boundaries and election results from 2010 to 2016 and a differences-in-discontinuity approach, we find evidence that public housing programs are expedited in ruling-party-held wards in periods leading up to the general elections relative to contesting wards. We also find that the unbalanced provision of upgrading programs leads to higher housing externalities for housing blocks in ruling-party-held wards than those for otherwise similar blocks in contesting wards. This paper provides new evidence on the expectation channel through which housing externalities may be affected.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
