Preferred Specification (Neighborhood Fixed Effects with Year by High School Time Dummies) with Commercial Controls
| Variable: ln(price) | Model 1 | Model 2 | Model 3 |
|---|---|---|---|
| Number of groceries within 0.5 mi | 0.0129*** (0.0024) | 0.0131*** (0.0023) | 0.0134*** (0.0026) |
| Number of groceries within 0.5 to 1.0 mi | 0.0079*** (0.0019) | 0.0080*** (0.0019) | 0.0085*** (0.0018) |
| Distance to nongrocery commercial lot | 0.0590*** (0.0078) | 0.0592*** (0.0078) | 0.0605*** (0.0079) |
| Distance to nearest nongrocery commercial lot distance2 | –0.0177*** (0.0035) | –0.0178*** (0.0035) | –0.0178*** (0.0035) |
| Commercial lot % within 1.0 mi | –0.0005 (0.0006) | –0.0003 (0.0007) | |
| Number of bars within 0.5 mi | –0.0015 (0.0036) | ||
| Number of bars within 0.5 to 1.0 mi | –0.0073*** (0.0022) | ||
| % AA +% LA census tract | –0.2653*** (0.0249) | –0.2668*** (0.0248) | –0.2569*** (0.0271) |
| Observations | 26,912 | 26,912 | 26,912 |
| Adjusted R2 | 0.7394 | 0.7394 | 0.7398 |
Note: Standard errors clustered at the year of sale level. AA, African American; LA, Latino American.
↵*** Significant at 1%.