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Maintenance Behavior of Large‐Scale Landlords and Theories of Neighborhood Succession
Author(s) -
Elliott Donald S.,
Quinn Michael A.,
Mendelson Robert E.
Publication year - 1985
Publication title -
real estate economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.064
H-Index - 61
eISSN - 1540-6229
pISSN - 1080-8620
DOI - 10.1111/1540-6229.00363
Subject(s) - landlord , renting , economics , ecological succession , scale (ratio) , empirical research , set (abstract data type) , econometrics , microeconomics , computer science , mathematics , geography , statistics , political science , law , ecology , cartography , biology , programming language
This study integrates theories of landlord maintenance behavior with theories of neighborhood succession in a unified empirical model. The model permits a broad range of landlord responses to neighborhood decline including the possibility of increased maintenance expenditure as reported in recent empirical studies. Hypotheses are tested using a micro‐data set descriptive of 117 St. Louis rental properties.