For a century, zoning — the local-government regulation of land use, structures, and lots through the assignment of lots to distinctly regulated districts — has dictated how and where we live. This groundbreaking project asks a simple question: how do zoning laws impact housing in Connecticut? To answer it, my team catalogued, coded, and analyzed housing-related zoning for all 2,622 zoning districts in Connecticut, where virtually all of the private land is subject to zoning. It is the first time the full variation of zoning districts in one state has been rendered at all, much less in such substantive detail and in the interactive graphic form of the Connecticut Zoning Atlas (the “Atlas”). The results are stunning. The data starkly confirms the expected, including the dominance of zoning for single-family housing (90.5% of zoned land) over three-or-more-family zoning (2.5% of the state), and the correlation of multi-family housing with the prevalence of people of color. It also confirms my hypothesis that zoning jurisdictions impose significant parking requirements on housing units, which has consequences for the cost of housing and the availability of land. But some results were surprising, including that two-family housing is allowed as-of-right in over a quarter of the land in the state, and that accessory dwelling units are allowed already in 92% of towns. In general, though, the data points to a somewhat nonsensical patchwork of housing-related constraints, across a variety of jurisdictions. This Article describes the basic legal mechanics of zoning and argues it is an important area of study. It reveals that despite the importance of zoning, very few studies have conducted rigorous multi-jurisdictional surveys of actual zoning codes. The Article describes the methodology for this research, including the universe of codes reviewed, the nature of the textual analysis, the process of collecting mapping information, and the manner in which the information was translated into an interactive public interface. And it concludes with key findings, both unsurprising and surprising. The Article concludes that these findings compel state action. This represents not the end of the questions that can be addressed through the data — but the beginning of what will be ever-deepening scholarly inquiries into a unique data set, one that has the potential to improve zoning decision-making in ways that improve our response to a variety of issues, from segregation to education, economic development to deindustrialization, and the environment to public health.
{"title":"Zoning by a Thousand Cuts: The Prevalence and Nature of Incremental Regulatory Constraints on Housing","authors":"Sara C. Bronin","doi":"10.2139/SSRN.3792544","DOIUrl":"https://doi.org/10.2139/SSRN.3792544","url":null,"abstract":"For a century, zoning — the local-government regulation of land use, structures, and lots through the assignment of lots to distinctly regulated districts — has dictated how and where we live. This groundbreaking project asks a simple question: how do zoning laws impact housing in Connecticut? To answer it, my team catalogued, coded, and analyzed housing-related zoning for all 2,622 zoning districts in Connecticut, where virtually all of the private land is subject to zoning. It is the first time the full variation of zoning districts in one state has been rendered at all, much less in such substantive detail and in the interactive graphic form of the Connecticut Zoning Atlas (the “Atlas”). \u0000 \u0000The results are stunning. The data starkly confirms the expected, including the dominance of zoning for single-family housing (90.5% of zoned land) over three-or-more-family zoning (2.5% of the state), and the correlation of multi-family housing with the prevalence of people of color. It also confirms my hypothesis that zoning jurisdictions impose significant parking requirements on housing units, which has consequences for the cost of housing and the availability of land. But some results were surprising, including that two-family housing is allowed as-of-right in over a quarter of the land in the state, and that accessory dwelling units are allowed already in 92% of towns. In general, though, the data points to a somewhat nonsensical patchwork of housing-related constraints, across a variety of jurisdictions. \u0000 \u0000This Article describes the basic legal mechanics of zoning and argues it is an important area of study. It reveals that despite the importance of zoning, very few studies have conducted rigorous multi-jurisdictional surveys of actual zoning codes. The Article describes the methodology for this research, including the universe of codes reviewed, the nature of the textual analysis, the process of collecting mapping information, and the manner in which the information was translated into an interactive public interface. And it concludes with key findings, both unsurprising and surprising. The Article concludes that these findings compel state action. \u0000 \u0000This represents not the end of the questions that can be addressed through the data — but the beginning of what will be ever-deepening scholarly inquiries into a unique data set, one that has the potential to improve zoning decision-making in ways that improve our response to a variety of issues, from segregation to education, economic development to deindustrialization, and the environment to public health.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-02-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114659659","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
L. Aron, Claudia L. Aranda, D. Wissoker, B. Howell, Robert Santos, Molly M. Scott, M. Turner
This pilot study adapted a well-established paired-testing methodology to examine discrimination against families with children in the rental housing market, developed preliminary estimates of this form of discrimination, and explored what family or housing characteristics might affect it. Data were collected via telephone and in-person paired tests in three metropolitan sites: Dallas, Texas; Dayton, Ohio; and Los Angeles, California. The pilot study relied on a multifactor design using data from 612 matched pairs of rental applicants. Key findings are that homeseekers with or without children are equally likely to get an appointment with a rental agent and learn about at least one available housing unit. Compared with their childless counterparts, prospective renters with children were shown slightly fewer units and were told about units that were slightly larger, and, as a result, were slightly more expensive to rent. Other outcomes did not vary by the presence of a child. Differential treatment was greater in tests targeting one-bedroom units (versus larger units) and tests involving two-child families (versus one-child families). Other factors, including race/ethnicity and marital status of the tester and ages and sexes of the children, did not appear to affect systematically how families with children were treated in the rental housing market.
{"title":"Discrimination Against Families with Children in Rental Housing Markets: Findings of the Pilot Study","authors":"L. Aron, Claudia L. Aranda, D. Wissoker, B. Howell, Robert Santos, Molly M. Scott, M. Turner","doi":"10.2139/ssrn.3055301","DOIUrl":"https://doi.org/10.2139/ssrn.3055301","url":null,"abstract":"This pilot study adapted a well-established paired-testing methodology to examine discrimination against families with children in the rental housing market, developed preliminary estimates of this form of discrimination, and explored what family or housing characteristics might affect it. Data were collected via telephone and in-person paired tests in three metropolitan sites: Dallas, Texas; Dayton, Ohio; and Los Angeles, California. The pilot study relied on a multifactor design using data from 612 matched pairs of rental applicants. Key findings are that homeseekers with or without children are equally likely to get an appointment with a rental agent and learn about at least one available housing unit. Compared with their childless counterparts, prospective renters with children were shown slightly fewer units and were told about units that were slightly larger, and, as a result, were slightly more expensive to rent. Other outcomes did not vary by the presence of a child. Differential treatment was greater in tests targeting one-bedroom units (versus larger units) and tests involving two-child families (versus one-child families). Other factors, including race/ethnicity and marital status of the tester and ages and sexes of the children, did not appear to affect systematically how families with children were treated in the rental housing market.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"125 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123256502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This report relies on performance measurement data that HOPE VI grantees report to HUD. Those performance measurement data summarize activities of HOPE VI grantees, with particular emphasis on demolition and production of housing units, and also supportive services provided to residents. The Case Western University research team has analyzed those performance measurement data to create an overall assessment of the HOPE VI program. Their report reinforces many well-understood aspects of the HOPE VI program: that it resulted in a net loss of public housing units; that a low proportion of baseline residents returned to completed developments; but that the program produced new units of different types, including other forms of affordable housing, market rate housing, and both rental and homeownership units. Research on HOPE VI trailed off substantially after 2004, so this report is perhaps the most comprehensive accounting of the program’s outputs.
{"title":"Hope VI Data Compilation and Analysis","authors":"T. Gress, Seung-Hyun Cho, M. Joseph","doi":"10.2139/SSRN.3055254","DOIUrl":"https://doi.org/10.2139/SSRN.3055254","url":null,"abstract":"This report relies on performance measurement data that HOPE VI grantees report to HUD. Those performance measurement data summarize activities of HOPE VI grantees, with particular emphasis on demolition and production of housing units, and also supportive services provided to residents. The Case Western University research team has analyzed those performance measurement data to create an overall assessment of the HOPE VI program. Their report reinforces many well-understood aspects of the HOPE VI program: that it resulted in a net loss of public housing units; that a low proportion of baseline residents returned to completed developments; but that the program produced new units of different types, including other forms of affordable housing, market rate housing, and both rental and homeownership units. Research on HOPE VI trailed off substantially after 2004, so this report is perhaps the most comprehensive accounting of the program’s outputs.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127868398","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Johnathan Spader, Alvaro Cortes, Kimberly Burnett, Larry Buron, Michael Didomenico, Anna Jefferson, S. Whitlow, Jennifer Buell, C. Redfearn, J. Schuetz
The past decade has been marked by a massive housing bubble and foreclosure crisis. During the first half of the decade, home prices nationally experienced unprecedented growth, increasing 85 percent in real terms between 1997 and 2005 (Shiller, 2008). The increase was notable for its sheer magnitude and because it occurred in many markets throughout the country. In a report to Congress on the causes of the foreclosure crisis, the U.S. Department of Housing and Urban Development (HUD) detailed how, in a few short years, the country saw a housing market that had seemingly limitless potential for growth change into one that brought the economy to the brink of collapse (HUD, 2010).
{"title":"The Evaluation of the Neighborhood Stabilization Program","authors":"Johnathan Spader, Alvaro Cortes, Kimberly Burnett, Larry Buron, Michael Didomenico, Anna Jefferson, S. Whitlow, Jennifer Buell, C. Redfearn, J. Schuetz","doi":"10.2139/SSRN.3055189","DOIUrl":"https://doi.org/10.2139/SSRN.3055189","url":null,"abstract":"The past decade has been marked by a massive housing bubble and foreclosure crisis. During the first half of the decade, home prices nationally experienced unprecedented growth, increasing 85 percent in real terms between 1997 and 2005 (Shiller, 2008). The increase was notable for its sheer magnitude and because it occurred in many markets throughout the country. In a report to Congress on the causes of the foreclosure crisis, the U.S. Department of Housing and Urban Development (HUD) detailed how, in a few short years, the country saw a housing market that had seemingly limitless potential for growth change into one that brought the economy to the brink of collapse (HUD, 2010).","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116202303","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
L. Bo’sher, Sewin Chan, I. Ellen, Brian Karfunkel, Hsi-ling Liao
The American Housing Survey (AHS) is the most comprehensive national housing survey in the United States. Since 2009, AHS has included six core disability questions used in the American Community Survey. The questions address hearing, visual, cognitive, ambulatory, self-care, and independent living difficulties for each household member. For 2011, AHS added a topical module on accessibility. The module asked about the presence of accessibility features in housing units, including wheelchair accessibility features, and whether the accessibility features were used or not. Together, these data provide an unprecedented opportunity to examine the accessibility of the U.S. housing stock and to ask whether people with disabilities reside in accessible homes. In this report, we present summary measures of housing accessibility based on the 2011 AHS. To develop these summary measures, we examined United States (U.S.) and international standards and regulations regarding housing accessibility, reviewed the relevant literature, and conducted interviews with a set of disability and housing design experts. These interviews are further described in appendix A. Based on these summary measures, we describe how accessibility varies by housing market characteristics as well as resident characteristics such as age, disability status, and income. We also present evidence on the relationship between the need for and availability of accessible housing units, taking affordability of accessible units into account.
{"title":"Accessibility of America's Housing Stock: Analysis of the 2011 American Housing Survey (AHS)","authors":"L. Bo’sher, Sewin Chan, I. Ellen, Brian Karfunkel, Hsi-ling Liao","doi":"10.2139/SSRN.3055191","DOIUrl":"https://doi.org/10.2139/SSRN.3055191","url":null,"abstract":"The American Housing Survey (AHS) is the most comprehensive national housing survey in the United States. Since 2009, AHS has included six core disability questions used in the American Community Survey. The questions address hearing, visual, cognitive, ambulatory, self-care, and independent living difficulties for each household member. For 2011, AHS added a topical module on accessibility. The module asked about the presence of accessibility features in housing units, including wheelchair accessibility features, and whether the accessibility features were used or not. Together, these data provide an unprecedented opportunity to examine the accessibility of the U.S. housing stock and to ask whether people with disabilities reside in accessible homes. \u0000In this report, we present summary measures of housing accessibility based on the 2011 AHS. To develop these summary measures, we examined United States (U.S.) and international standards and regulations regarding housing accessibility, reviewed the relevant literature, and conducted interviews with a set of disability and housing design experts. These interviews are further described in appendix A. Based on these summary measures, we describe how accessibility varies by housing market characteristics as well as resident characteristics such as age, disability status, and income. We also present evidence on the relationship between the need for and availability of accessible housing units, taking affordability of accessible units into account.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"112 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117264542","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Monica Ospina, Santiago Bohórquez, Andrea Serna, L. Castaneda
This study identifies how community attributes affect household residential location decisions in Medellin, Colombia. The empirical model applies the revealed preference principle: each household is assumed to have made an optimal location decision given a set of alternatives. Using household data, we estimate a conditional logit choice model for residential communities by controlling for both individual and neighborhood characteristics, including environmental attributes. The set of alternatives for each household are defined using the applicable neighborhood’s socioeconomic and geographic characteristics. The results provide an estimate of household preferences for the many characteristics of the potential choices in the choice set. In the case of Medellin, we found positive and significant preferences for public provided goods such as public schools and security but relatively low preferences for recreational and cultural spaces; households prefer that the latter be provided by the private sector.
{"title":"The Importance of Community Attributes in Household Residential Location Decisions","authors":"Monica Ospina, Santiago Bohórquez, Andrea Serna, L. Castaneda","doi":"10.2139/ssrn.2390727","DOIUrl":"https://doi.org/10.2139/ssrn.2390727","url":null,"abstract":"This study identifies how community attributes affect household residential location decisions in Medellin, Colombia. The empirical model applies the revealed preference principle: each household is assumed to have made an optimal location decision given a set of alternatives. Using household data, we estimate a conditional logit choice model for residential communities by controlling for both individual and neighborhood characteristics, including environmental attributes. The set of alternatives for each household are defined using the applicable neighborhood’s socioeconomic and geographic characteristics. The results provide an estimate of household preferences for the many characteristics of the potential choices in the choice set. In the case of Medellin, we found positive and significant preferences for public provided goods such as public schools and security but relatively low preferences for recreational and cultural spaces; households prefer that the latter be provided by the private sector.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"35 10","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133351506","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Many heritage cities have been turned into tourism cities. With the influx in the number of foreign tourists together with the number of locals, mobility within these cities has become a challenging issue to be dealt by the city managers. Taking into cognizance the global warming and climate change, the most appropriate mode of transportation that considers these issues and simultaneously appreciates the urban aesthetics and heritage tourism products in a heritage city needs to be identified. Therefore, this study seeks to identify the most appropriate mode of transportation that incorporates carbon footprint mitigation, urban sensory elements and tourists' satisfactions components. Data were collected through participant observation were analyzed. Geographic information systems (GIS) application is used to analyze the study area spatially. The findings demonstrate that walking is the most appropriate as it is able to satisfy tourists in appreciating urban sensory elements and simultaneously mitigate carbon footprint. The study concludes that in order to sustain heritage cities and handling global warming issues simultaneously, future development in these cities should be strictly controlled and monitored and the use non motorized vehicles such as bicycles and trishaws other than walking should be promoted within these cities.
{"title":"Appreciating Built Heritage Through Urban Sensory Elements","authors":"R. Zainol, F. Ahmad, N. A. Nordin, H. Goh","doi":"10.22452/JSCP.VOL4NO1.1","DOIUrl":"https://doi.org/10.22452/JSCP.VOL4NO1.1","url":null,"abstract":"Many heritage cities have been turned into tourism cities. With the influx in the number of foreign tourists together with the number of locals, mobility within these cities has become a challenging issue to be dealt by the city managers. Taking into cognizance the global warming and climate change, the most appropriate mode of transportation that considers these issues and simultaneously appreciates the urban aesthetics and heritage tourism products in a heritage city needs to be identified. Therefore, this study seeks to identify the most appropriate mode of transportation that incorporates carbon footprint mitigation, urban sensory elements and tourists' satisfactions components. Data were collected through participant observation were analyzed. Geographic information systems (GIS) application is used to analyze the study area spatially. The findings demonstrate that walking is the most appropriate as it is able to satisfy tourists in appreciating urban sensory elements and simultaneously mitigate carbon footprint. The study concludes that in order to sustain heritage cities and handling global warming issues simultaneously, future development in these cities should be strictly controlled and monitored and the use non motorized vehicles such as bicycles and trishaws other than walking should be promoted within these cities.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"114 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133579538","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Until the end of 2012, Indonesia is experiencing 13.6 million housing backlog units, which had and will create social problems due to mechanism failures in fulfilling people basic housing needs. Although Indonesian government, through ministry of people housing, have already issued several programs, incentives and relaxing regulations, the creation of new housings per annum only reach 20% of the total amount of annual housing demand unit. This mean, with 80% unfulfilled demand per annum, housing backlog figures will grow and stay consistently on alarming rate. On the other hand, from operational point of view, there are challenges related with tremendous housing price increase within the last 10 years, due to (spiking) price increase on constructions materials as well as land price per square meter.This research is focusing both supply sides and demand side on people housing provisions. The supply-sides analyze the business process, governmental documentary support and financing cycles. Meanwhile the demand- sides analyze the patterns of younger generation households in fulfilling their housing needs. This approach is taken in order to find supply-demand gap challenges within Indonesia people housing fulfillment process.We employ several method approach, in conducting the research. Qualitative approaches are conveyed through media analysis on people housing reports and in-depth-interview with regulators (ministry of people housing), Construction Company’s executive, real estate consultant, housing mortgage providers as well as local government. Meanwhile, we also analyzed nation wide newspaper surveys on housing fulfillment, that enhanced with in depth interview with younger household with age range 25-35 years old.From the initial result, lacks of coordination and cooperation within housing provision stakeholders are strongly demonstrated. Leadership and rigor action-strategy for stakeholders are required in order to tackle the housing provisions mess in Indonesia.
{"title":"Finding Supply-Demand Gap on People Housing Fufillment in Indonesia — An Exploratory Approach","authors":"A. Agus, B. Hermanto","doi":"10.2139/ssrn.2296693","DOIUrl":"https://doi.org/10.2139/ssrn.2296693","url":null,"abstract":"Until the end of 2012, Indonesia is experiencing 13.6 million housing backlog units, which had and will create social problems due to mechanism failures in fulfilling people basic housing needs. Although Indonesian government, through ministry of people housing, have already issued several programs, incentives and relaxing regulations, the creation of new housings per annum only reach 20% of the total amount of annual housing demand unit. This mean, with 80% unfulfilled demand per annum, housing backlog figures will grow and stay consistently on alarming rate. On the other hand, from operational point of view, there are challenges related with tremendous housing price increase within the last 10 years, due to (spiking) price increase on constructions materials as well as land price per square meter.This research is focusing both supply sides and demand side on people housing provisions. The supply-sides analyze the business process, governmental documentary support and financing cycles. Meanwhile the demand- sides analyze the patterns of younger generation households in fulfilling their housing needs. This approach is taken in order to find supply-demand gap challenges within Indonesia people housing fulfillment process.We employ several method approach, in conducting the research. Qualitative approaches are conveyed through media analysis on people housing reports and in-depth-interview with regulators (ministry of people housing), Construction Company’s executive, real estate consultant, housing mortgage providers as well as local government. Meanwhile, we also analyzed nation wide newspaper surveys on housing fulfillment, that enhanced with in depth interview with younger household with age range 25-35 years old.From the initial result, lacks of coordination and cooperation within housing provision stakeholders are strongly demonstrated. Leadership and rigor action-strategy for stakeholders are required in order to tackle the housing provisions mess in Indonesia.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127216555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2013-06-01DOI: 10.1111/j.1540-6229.2012.00344.x
Raven S. Molloy, Hui Shan
Despite the recent flood of foreclosures on residential mortgages, little is known about what happens to borrowers’ households after their mortgages have been foreclosed. We study the postforeclosure experience of U.S. households using a unique data set based on the credit reports of a large panel of individuals from 1999 to 2010. Although foreclosure considerably raises the probability of moving, the majority of postforeclosure migrants do not end up in substantially less desirable neighborhoods or more crowded living conditions. These results suggest that, on average, foreclosure does not impose an economic burden large enough to severely reduce housing consumption.
{"title":"The Postforeclosure Experience of U.S. Households","authors":"Raven S. Molloy, Hui Shan","doi":"10.1111/j.1540-6229.2012.00344.x","DOIUrl":"https://doi.org/10.1111/j.1540-6229.2012.00344.x","url":null,"abstract":"Despite the recent flood of foreclosures on residential mortgages, little is known about what happens to borrowers’ households after their mortgages have been foreclosed. We study the postforeclosure experience of U.S. households using a unique data set based on the credit reports of a large panel of individuals from 1999 to 2010. Although foreclosure considerably raises the probability of moving, the majority of postforeclosure migrants do not end up in substantially less desirable neighborhoods or more crowded living conditions. These results suggest that, on average, foreclosure does not impose an economic burden large enough to severely reduce housing consumption.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131108843","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Did the nuclear catastrophe at Fukushima in March 2011 cause individuals to reappraise the risks they attach to nuclear power plants? We investigate the change in housing prices in the U.S. after the Fukushima event to test the hypothesis that house prices in the proximity of power plants fell due to an updated nuclear risk perception. Using a difference-in-differences approach we do not find evidence in support of the hypothesis that individuals reappraise the risks associated with nuclear power plants. House prices close to nuclear reactor sites did not fall relative to house prices at other locations in the U.S.
{"title":"U.S. Housing Prices and the Fukushima Nuclear Accident: To Update, or Not to Update, that is the Question","authors":"Alexander Fink, Thomas Stratmann","doi":"10.2139/ssrn.2255325","DOIUrl":"https://doi.org/10.2139/ssrn.2255325","url":null,"abstract":"Did the nuclear catastrophe at Fukushima in March 2011 cause individuals to reappraise the risks they attach to nuclear power plants? We investigate the change in housing prices in the U.S. after the Fukushima event to test the hypothesis that house prices in the proximity of power plants fell due to an updated nuclear risk perception. Using a difference-in-differences approach we do not find evidence in support of the hypothesis that individuals reappraise the risks associated with nuclear power plants. House prices close to nuclear reactor sites did not fall relative to house prices at other locations in the U.S.","PeriodicalId":448093,"journal":{"name":"SRPN: Housing (Topic)","volume":"26 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113989597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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