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What Foreclosed Homes Should a Municipality Purchase to Stabilize Vulnerable Neighborhoods?

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  • Michael Johnson

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  • David Turcotte

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  • Felicia Sullivan

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s11067-010-9138-3
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    Bibliographic Info

    Article provided by Springer in its journal Networks and Spatial Economics.

    Volume (Year): 10 (2010)
    Issue (Month): 3 (September)
    Pages: 363-388

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    Handle: RePEc:kap:netspa:v:10:y:2010:i:3:p:363-388

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    Web page: http://www.springerlink.com/link.asp?id=106607

    Related research

    Keywords: Housing; Foreclosures; Multi-objective programming; Urban affairs; Affordable housing;

    References

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    1. Timothy J. Bartik & V. Kerry Smith, 1996. "Urban Amenities and Public Policy," Book chapters authored by Upjohn Institute researchers, in: V. Kerry Smith (ed.), Estimating Economic Values for Nature: Methods for Non-Market Valuation, pages 271-318 W.E. Upjohn Institute for Employment Research.
    2. Schuetz, Jenny & Been, Vicki & Ellen, Ingrid Gould, 2008. "Neighborhood effects of concentrated mortgage foreclosures," Journal of Housing Economics, Elsevier, vol. 17(4), pages 306-319, December.
    3. Wright, Jeffrey & Revelle, Charles & Cohon, Jared, 1983. "A multiobjective integer programming model for the land acquisition problem," Regional Science and Urban Economics, Elsevier, vol. 13(1), pages 31-53, February.
    4. Isada, Yuriko & James, Ross J. W. & Nakagawa, Yuji, 2005. "An approach for solving nonlinear multi-objective separable discrete optimization problem with one constraint," European Journal of Operational Research, Elsevier, vol. 162(2), pages 503-513, April.
    5. Harding, John P. & Rosenblatt, Eric & Yao, Vincent W., 2009. "The contagion effect of foreclosed properties," Journal of Urban Economics, Elsevier, vol. 66(3), pages 164-178, November.
    6. Marsh, Michael T. & Schilling, David A., 1994. "Equity measurement in facility location analysis: A review and framework," European Journal of Operational Research, Elsevier, vol. 74(1), pages 1-17, April.
    7. Tammy Leonard & James Murdoch, 2009. "The neighborhood effects of foreclosure," Journal of Geographical Systems, Springer, vol. 11(4), pages 317-332, December.
    8. Kenneth C. Gilbert & David D. Holmes & Richard E. Rosenthal, 1985. "A Multiobjective Discrete Optimization Model for Land Allocation," Management Science, INFORMS, vol. 31(12), pages 1509-1522, December.
    9. Revelle, Charles, 1987. "Urban public facility location," Handbook of Regional and Urban Economics, in: E. S. Mills (ed.), Handbook of Regional and Urban Economics, edition 1, volume 2, chapter 27, pages 1053-1096 Elsevier.
    10. Gabriel, Steven A. & Faria, Jose A. & Moglen, Glenn E., 2006. "A multiobjective optimization approach to smart growth in land development," Socio-Economic Planning Sciences, Elsevier, vol. 40(3), pages 212-248, September.
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