Search form

Social Networks and Housing Markets

January 27, 2017

In this presentation, Dr. Stroebel presents research on how house price changes occurring within the geographical area of an individual’s social network impact his/her perception of property prices and the decision to purchase real estate. The authors use a data set that links anonymized social network information from Facebook users who lived in Los Angeles in 2010 to individual-level demographic and housing transactions data and survey data about the individual’s beliefs about housing market investments.