Fair and affordable? Racial and ethnic segregation and inequality in New York City rental housing

2011 ◽  
Vol 21 (2) ◽  
pp. 267-293 ◽  
Author(s):  
Judith R. Halasz
1999 ◽  
Vol 10 (2) ◽  
pp. 443-475 ◽  
Author(s):  
Samantha Friedman ◽  
Michael H. Schill ◽  
Emily Rosenbaum

2015 ◽  
Vol 48 (3) ◽  
pp. 465-484 ◽  
Author(s):  
Benjamin F Teresa

Since 2001 investors have purchased rent-regulated housing in New York City with heightened expectation for financial performance, placing pressure on tenants and communities through increasing rents, harassment, eviction, and when financial targets are not met, physical deterioration of buildings. At the heart of this investment strategy is fictitious capital, the extension of credit based on assumptions about future events. This paper shows that beyond assessments about the “truth” or rationality of the expectations underlying fictitious capital, the management of value as a problem is at stake. When the expectations underlying fictitious capital are not realized, a network of actors engage in a set of legal–financial practices to manage the value of rent-regulated multifamily buildings, including banking regulation and its exception, mortgage securitization and special servicing, distressed debt markets, rent stabilization, and foreclosure law. The breakdown of the assumptions of fictitious capital reveals new challenges and opportunities for tenant activism and policy to intervene in preserving rent-regulated housing. The paper focuses on how this financialization of housing not only serves as a moment for the increasing role of financial actors and imperatives, but also how it drives tenant activism and policy to engage legal–financial practices to redefine the tenant–landlord relationship and to tie financial expectations more closely to the material reality of tenants and communities.


1996 ◽  
Vol 56 (3) ◽  
pp. 605-625 ◽  
Author(s):  
Robert A. Margo

Advertisements from antebellum New York City newspapers are used to estimate hedonic indices of the rental price of housing. Rents varied with the quality of housing and its location, suggesting a well-defined market for rental housing. Controlling for housing characteristics and location, the relative price of housing rose between 1830 and 1860.


Author(s):  
Sana Khan ◽  
Sarah Bajwa ◽  
Diksha Brahmbhatt ◽  
Stephanie Lovinsky-Desir ◽  
Perry E. Sheffield ◽  
...  

AbstractChildhood asthma exacerbation remains the leading cause of pediatric emergency department visits and hospitalizations and disproportionately affects Latinx and Black children, compared to non-Latinx White children in NYC. Environmental exposures and socioeconomic factors may jointly contribute to childhood asthma exacerbations; however, they are often studied separately. To better investigate the multiple contributors to disparities in childhood asthma, we compiled data on various individual and neighborhood level socioeconomic and environmental factors, including education, race/ethnicity, income disparities, gentrification, housing characteristics, built environment, and structural racism, from the NYC Department of Health’s KIDS 2017 survey and the US Census’ American Community Survey. We applied cluster analysis and logistic regression to first identify the predominant patterns of social and environmental factors experienced by children in NYC and then estimate whether children experiencing specific patterns are more likely to experience asthma exacerbations. We found that housing and built environment characteristics, such as density and age of buildings, were the predominant features to differentiate the socio-environmental patterns observed in New York City. Children living in neighborhoods with greater proportions of rental housing, high-density buildings, and older buildings were more likely to experience asthma exacerbations than other children. These findings add to the literature about childhood asthma in urban environments, and can assist efforts to target actionable policies and practices that promote health equity related to childhood asthma.


2018 ◽  
Vol 50 (6) ◽  
pp. 1147-1170 ◽  
Author(s):  
David Wachsmuth ◽  
Alexander Weisler

Airbnb and other short-term rental services are a topic of increasing concern for urban researchers, policymakers, and activists, because of the fear that short-term rentals are facilitating gentrification. This article presents a framework for analyzing the relationship between short-term rentals and gentrification, an exploratory case study of New York City, and an agenda for future research. We argue that Airbnb has introduced a new potential revenue flow into housing markets which is systematic but geographically uneven, creating a new form of rent gap in culturally desirable and internationally recognizable neighborhoods. This rent gap can emerge quickly—in advance of any declining property income—and requires minimal new capital to be exploited by a range of different housing actors, from developers to landlords, tenants, and homeowners. Performing spatial analysis on three years of Airbnb activity in New York City, we measure new capital flows into the short-term rental market, identify neighborhoods whose housing markets have already been significantly impacted by short term, identify neighborhoods which are increasingly under threat of Airbnb-induced gentrification, and estimate the amount of rental housing lost to Airbnb. Finally, we conclude by offering a research agenda on gentrification and the sharing economy.


Sign in / Sign up

Export Citation Format

Share Document