Date of Award

Summer 8-9-2018

Document Type

Thesis

Degree Name

Master of Arts (MA)

Departments/Programs

Economics

First Advisor

Randall K. Filer

Second Advisor

Matthew J. Baker

Academic Program Adviser

Randall K. Filer

Abstract

The constraints on property use along with the economic merits of historic districts are critical points in the debate over preservation policies. Improving the existing housing stock is a substantial economic activity and a significant part of the nation’s overall construction industry. The purpose of this study is to present an empirical analysis of the relationship between historic district designation and renovation decisions. The results of the analysis found that historic preservation does not inhibit the renovation activity of single-family homeowners. However, contrary to the claims made by proponents, it does not give a powerful incentive for owners in undesignated neighborhoods.

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