Document Type

Honors Capstone Project

Date of Submission

Spring 5-1-2013

Capstone Advisor

Professor Perry Singleton

Honors Reader

Professor Piyusha Mutreja

Capstone Major

Economics

Audio/Visual Component

no

Capstone Prize Winner

no

Won Capstone Funding

no

Honors Categories

Social Sciences

Subject Categories

Econometrics | Economics

Abstract

I measure the impact of sex offenders on housing sales prices by combining data from the North Carolina Sex Offender Registry with data on housing sales from December 2004 through December 2008 in Mecklenburg County, NC. Using time-series and cross-sectional analysis, I estimate that the arrival of a sex offender into a neighborhood decreases housing sales prices within 0.1 of the miles of a sex offender by approximately 6%, while all other nearby housing sales prices are unaffected. I then apply this finding to examine sex offender residency restrictions passed in North Carolina in 2006. I find that houses located within neighborhoods where a sex offender can no longer reside experience an increase in sales prices of roughly 2% as a result of this law. This is consistent with related research and theoretical models of housing prices.

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.

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