@techreport{NBERw13311, title = "Escape from the City? The Role of Race, Income, and Local Public Goods in Post-War Suburbanization", author = "Leah Platt Boustan", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "13311", year = "2007", month = "August", URL = "http://www.nber.org/papers/w13311", abstract = {The attraction of wealthy suburbs rests, in part, on their political and fiscal autonomy from the low-income electorate and poor tax base in many central cities. I estimate the willingness to pay to live in an affluent suburb by measuring changes in housing prices on opposite sides of city-suburban borders as the income gap between the city and suburb widens (or narrows) over time. I find that a $10,000 increase in town-level median income is associated with a seven percent increase in housing values. The demand for high-income municipalities is driven by school quality and lower property tax rates.}, }