The impact of natural amenities on urban residential stability: A case study of Cleveland, Ohio, 1970-1990.

Abstract

Amenities are locationally-specific goods. Amenities have been shown to have a measurable effect on land and housing values. This research extends the analysis of amenity effects to the study of their impacts on the characteristics of the population and of neighborhood stability. Using the City of Cleveland, Ohio as a case study, amenity effects are addressed in the analysis of an inner-city area that has changed extensively over the past 20 years. Consequently, amenities are measured against patterns of change common throughout Cleveland's inner-city. While the amenity effects are shown to be highly context-specific, those effects are nonetheless consistent with expectations based on housing and land market research.