Do New Student Rentals Affect Other Housing Submarkets? Evidence from Champaign-Urbana

Hillyard, Caitlin

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https://hdl.handle.net/2142/111773 Copy

Description

Title

Do New Student Rentals Affect Other Housing Submarkets? Evidence from Champaign-Urbana

Author(s)

Hillyard, Caitlin

Issue Date

2021

Keyword(s)

• housing market
• land use

Abstract

This paper explores the relationship between student rental housing and other submarkets. I use Champaign-Urbana, Illinois as my case study area — home to the flagship University of Illinois campus. I examine university enrollment data from 1980 to 2018 to track demographic changes in the student population. Then I use decennial census and American Community Survey 5-year estimates from 1990 on to determine the spatial distribution of student renters over time. Finally, I examine shifts in the distribution of rents to determine how the movement of students has affected what Champaign-Urbana’s landlords charge across the metropolitan area.

Type of Resource

text

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http://hdl.handle.net/2142/111773

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