IDEAS home Printed from https://ideas.repec.org/p/wiw/wiwrsa/ersa10p1371.html
   My bibliography  Save this paper

Housing Policy in Geographic Context: The American Dream Writ Local

Author

Listed:
  • Lawrence Brown
  • Michael Webb

Abstract

Housing policy, intended to enable the American Dream of owning one's home, has been ongoing for several decades. Evaluation of its effects is most often at a highly generalized scale; for example, the degree to which minorities nationwide have increased in their rate, or level, of home ownership. Instead, this paper employs a lens that focuses on more local manifestations - initially in terms of differences between US Metropolitan Statistical Areas, followed by a focus on neighborhood-type areas within Columbus and Lima Ohio, distinctly different MSAs in terms of population size, economic base, socio-economic vigor, etc. Regarding metropolitan areas, the primary concern is home ownership change from 1990-2000 and, so far as possible, through 2008 - for Whites, Blacks, Hispanics, Asians, and Minorities overall. Similar patterns of change are noted; urban areas are grouped on this basis; and a set of independent variables related to change are identified. This leads further to identifying MSA outliers which are, systematically, either under- or over-predicted; then focusing on the characteristics that relate to the distinctiveness of these places. Within Columbus and Lima, one concern is the patterning of home ownership change in terms of prevailing neighborhood characteristics, location, and increased or decreased intermixing among racial/ethnic groups. More primary, however, is the link between the opportunity offered by affordable housing and related policies versus the burden of subprime lending - for example, is there evidence that racial/ethnic gains through affordability are disproportionally taken away by subprime lending and related crises. Data is primarily drawn from the US Census of Population, American Community Survey, HMDA (Home Mortgage Disclosure Act), archival resources, and key informant interviews. A theme throughout is the ways in which apparently aspatial policies, targeted on minorities and home ownership, differentially impact urban areas and locales within an urban area - opposite to the uniformity implied by the policy(ies) and reporting of its impacts.

Suggested Citation

  • Lawrence Brown & Michael Webb, 2011. "Housing Policy in Geographic Context: The American Dream Writ Local," ERSA conference papers ersa10p1371, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa10p1371
    as

    Download full text from publisher

    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa10/ERSA2010finalpaper1371.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Weicher, John C. & Thibodeau, Thomas G., 1988. "Filtering and housing markets: An empirical analysis," Journal of Urban Economics, Elsevier, vol. 23(1), pages 21-40, January.
    2. Elvin K. Wyly & Markus Moos & Holly Foxcroft & Emmanuel Kabahizi, 2008. "Subprime Mortgage Segmentation In The American Urban System," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 99(1), pages 3-23, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Grösche, Peter, 2010. "Housing, energy cost, and the poor: Counteracting effects in Germany's housing allowance program," Energy Policy, Elsevier, vol. 38(1), pages 93-98, January.
    2. Mense, Andreas, 2020. "The Impact of New Housing Supply on the Distribution of Rents," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224569, Verein für Socialpolitik / German Economic Association.
    3. Susin, Scott, 2002. "Rent vouchers and the price of low-income housing," Journal of Public Economics, Elsevier, vol. 83(1), pages 109-152, January.
    4. Gary A. Dymski, 2014. "The neoclassical sink and the heterodox spiral: political divides and lines of communication in economics," Review of Keynesian Economics, Edward Elgar Publishing, vol. 2(1), pages 1-19, January.
    5. Leah Platt Boustan & Robert A. Margo, 2011. "White Suburbanization and African-American Home Ownership, 1940-1980," NBER Working Papers 16702, National Bureau of Economic Research, Inc.
    6. Liu, Liyi & McManus, Doug & Yannopoulos, Elias, 2022. "Geographic and temporal variation in housing filtering rates," Regional Science and Urban Economics, Elsevier, vol. 93(C).
    7. Francesco Tajani & Pierluigi Morano & Maria Paz Saez-Perez & Felicia Di Liddo & Marco Locurcio, 2019. "Multivariate Dynamic Analysis and Forecasting Models of Future Property Bubbles: Empirical Applications to the Housing Markets of Spanish Metropolitan Cities," Sustainability, MDPI, vol. 11(13), pages 1-21, June.
    8. Roca, Jorge De la & Ellen, Ingrid Gould & Steil, Justin, 2018. "Does segregation matter for Latinos?," Journal of Housing Economics, Elsevier, vol. 40(C), pages 129-141.
    9. George Galster, 1996. "William Grigsby and the Analysis of Housing Sub-markets and Filtering," Urban Studies, Urban Studies Journal Limited, vol. 33(10), pages 1797-1805, December.
    10. Bratu, Cristina & Harjunen, Oskari & Saarimaa, Tuukka, 2023. "JUE Insight: City-wide effects of new housing supply: Evidence from moving chains," Journal of Urban Economics, Elsevier, vol. 133(C).
    11. Brzezicka, Justyna & Łaszek, Jacek & Olszewski, Krzysztof & Waszczuk, Joanna, 2019. "Analysis of the filtering process and the ripple effect on the primary and secondary housing market in Warsaw, Poland," Land Use Policy, Elsevier, vol. 88(C).
    12. Matthias Bernt, 2012. "The ‘Double Movements’ of Neighbourhood Change: Gentrification and Public Policy in Harlem and Prenzlauer Berg," Urban Studies, Urban Studies Journal Limited, vol. 49(14), pages 3045-3062, November.
    13. repec:zbw:rwirep:0110 is not listed on IDEAS
    14. Stephen Malpezzi & Richard K. Green, 1996. "What Has Happened to the Bottom of the US Housing Market?," Urban Studies, Urban Studies Journal Limited, vol. 33(10), pages 1807-1820, December.
    15. Bratu, Cristina & Harjunen, Oskari & Saarimaa, Tuukka, 2021. "City-wide effects of new housing supply: Evidence from moving chains," Working Papers 146, VATT Institute for Economic Research.
    16. Selima Sultana & Joe Weber, 2014. "The Nature of Urban Growth and the Commuting Transition: Endless Sprawl or a Growth Wave?," Urban Studies, Urban Studies Journal Limited, vol. 51(3), pages 544-576, February.
    17. Lyndsey Rolheiser, 2021. "Old, small and unwanted: Post-war housing and neighbourhood socioeconomic status," Urban Studies, Urban Studies Journal Limited, vol. 58(14), pages 2952-2970, November.
    18. Li, Qiang & Nong, Huifu, 2022. "A closer look at Chinese housing market: Measuring intra-city submarket connectedness in Shanghai and Guangzhou," China Economic Review, Elsevier, vol. 74(C).
    19. Luke Petach, 2020. "Local financialization, household debt, and the great recession," Papers in Regional Science, Wiley Blackwell, vol. 99(3), pages 807-839, June.
    20. Raymond Y. C. Tse, 1998. "Housing Price, Land Supply and Revenue from Land Sales," Urban Studies, Urban Studies Journal Limited, vol. 35(8), pages 1377-1392, July.
    21. Stuart S. Rosenthal, 2014. "Are Private Markets and Filtering a Viable Source of Low-Income Housing? Estimates from a "Repeat Income" Model," American Economic Review, American Economic Association, vol. 104(2), pages 687-706, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa10p1371. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gunther Maier (email available below). General contact details of provider: http://www.ersa.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.