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Trailer Park Economics

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Date
2011-04-18
Author
Gorback, Caitlin
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Abstract
In this paper, we explore the various reasons behind the development of the American institution of trailer parks. The first two models arise in equilibrium, the last two respond to housing shocks. Models include “Bad Tenants” in which tenants and landowners contract to protect against bad neighbors, a basic “Capital Constraints model in which tenants and landowners share the burden of capital costs, “Uncertain Growth” in which landowners respond to boom and bust economic growth, and “Long vs. Short Run Growth” in which landowners must decide how to invest on their land given rates of land appreciation.
Type
Honors thesis
Department
Economics
Subject
Manufactured Housing
Trailer Parks
Rural Growth
Urban Growth
Housing Economics
Permalink
https://hdl.handle.net/10161/3546
Citation
Gorback, Caitlin (2011). Trailer Park Economics. Honors thesis, Duke University. Retrieved from https://hdl.handle.net/10161/3546.
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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.

Rights for Collection: Undergraduate Honors Theses and Student papers


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