historic district Tag

Why the Prices of Houses in Historic Districts are Higher Than Most

Why the Prices of Houses in Historic Districts are Higher Than Most

The New York City Independent Budget Office (IBO) published a study detailing how the designation of historic districts in the city has affected home prices. The IBO found that prices for homes in historic districts have been consistently higher than those outside historic districts. In the report's introduction, the IBO evaluates the relationship between historic districts and the correlation of higher...

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