The House Price Impacts of Corporate Headquarter Relocations

dc.contributor.author Myers, Peter
dc.contributor.department Finance
dc.date 2018-02-18T19:47:13.000
dc.date.accessioned 2020-06-30T04:34:29Z
dc.date.available 2020-06-30T04:34:29Z
dc.date.issued 2017-04-01
dc.description.abstract <p>This project examines the house price impacts of corporate headquarter relocations. Corporate relocations potentially impact house prices through the increase or decrease in local economic activity that results from the relocation event. Using a difference in difference approach, I compare the impacts of a relocation on a metropolitan statistical area (MSA) house prices to similar metropolitan statistical area house prices that have not seen relocations by corporations. Local house price indexes from the Federal Housing Finance Agency (FHFA) are used to examine changes in house prices at the MSA level to gage a relocation effect. Data on the housing market characteristics from the U.S. Census Bureau is used to create a sample of comparison cities. Analysis is conducted using data before and after a relocation to analyze house prices appreciation rate impacts from a corporation’s headquarter relocation or merger during the 2010 to 2016 time period. It is expected that data will indicate a negative effect due to the exit of a firm and a boost to the local economy that receives a firm’s new headquarters.</p>
dc.identifier archive/lib.dr.iastate.edu/honors_posters/201704/projects/26/
dc.identifier.articleid 1163
dc.identifier.contextkey 10582831
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath honors_posters/201704/projects/26
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/42515
dc.relation.ispartofseries Honors Projects and Posters
dc.source.bitstream archive/lib.dr.iastate.edu/honors_posters/201704/projects/26/0-Myers_Poster.pdf|||Fri Jan 14 23:01:10 UTC 2022
dc.source.bitstream archive/lib.dr.iastate.edu/honors_posters/201704/projects/26/Myers__20Peter_20House_20Price_20Impacts_20of_20Corporate_20Headquarter_20Relocations.pdf|||Fri Jan 14 23:01:10 UTC 2022
dc.subject.disciplines Corporate Finance
dc.supplemental.bitstream Myers_Poster.pdf
dc.title The House Price Impacts of Corporate Headquarter Relocations
dc.type event
dc.type.genre event
dspace.entity.type Publication
relation.isOrgUnitOfPublication e2432527-158f-465f-8301-f4ab4c262f9b
relation.isSeriesOfPublication 78a1cb49-0dee-4c38-97a8-c1fd0b7a74ea
thesis.degree.discipline Finance
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