You Won't be My Neighbor: Opposition to High Density Development

2021 ◽  
pp. 107808742110657
Author(s):  
Jessica Trounstine
Keyword(s):  
School Quality ◽  
Property Values ◽  
The United States ◽  
Survey Experiment ◽  
Single Family ◽  
Family Development ◽  
Wide Margin ◽  
Housing Costs ◽  
Demographic Subgroup ◽  
Density Development

Virtually every city in the United States bans multifamily homes in at least some neighborhoods, and in many cities most residential land is restricted to single family homes. This is the case even though many metropolitan areas are facing skyrocketing housing costs and increased environmental degradation that could be alleviated by denser housing supply. Some scholars have argued that an unrepresentative set of vocal development opponents are the culprits behind this collective action failure. Yet, recent work suggests that opposition to density may be widespread. In this research note, I use a conjoint survey experiment to provide evidence that preferences for single-family development are ubiquitous. Across every demographic subgroup analyzed, respondents preferred single-family home developments by a wide margin. Relative to single family homes, apartments are viewed as decreasing property values, increasing crime rates, lowering school quality, increasing traffic, and decreasing desirability.

Millennial ‘YIMBYs’ and boomer ‘NIMBYs’: Generational views on housing affordability in the United States

2020 ◽  
pp. 003802612091612
Author(s):  
Max Holleran
Keyword(s):  
Baby Boomers ◽  
Affordable Housing ◽  
Low Income ◽  
Rental Housing ◽  
The United States ◽  
Housing Affordability ◽  
Single Family ◽  
Market Rate ◽  
Job Opportunities ◽  
Housing Costs

This article examines housing activism in five American cities using interviews with millennial-age housing activists, seeking more apartment development, and baby boomers who are members of neighbourhood groups that oppose growth. Many of the groups supporting growth have banded together under the banner of the ‘Yes in My Backyard’ (YIMBY) movement which seeks fewer zoning laws and pushes for market-rate rental housing. In desirable cities with thriving job opportunities, housing costs are pricing out not only low-income renters but also the middle class. The millennial activists sampled blame baby boomers for the lack of affordable housing because of resistance to higher density construction in neighbourhoods with single-family homes (characterising these people as having a ‘Not in My Backyard’ [NIMBY] mindset). The research shows that boomers and millennials not only disagree over urban growth but also more fundamental questions of what makes a liveable city.

Convective Storms and the Insurance Industry: Challenges and Opportunities

2020 ◽  
Author(s):  
Kirsten D. Orwig
Keyword(s):  
United States ◽  
Tropical Cyclones ◽  
Insurance Industry ◽  
Property Values ◽  
Construction Materials ◽  
The United States ◽  
Building Code ◽  
Convective Storms ◽  
Challenges And Opportunities ◽  
Insured Loss

Convective storms affect countries worldwide, with billions in losses and dozens of fatalities every year. They are now the key insured loss driver in the United States, even after considering the losses sustained by tropical cyclones in 2017. Since 2008, total insured losses from convective storms have exceeded $10 billion per year. Additionally, these losses continue to increase year over year. Key loss drivers include increased population, buildings, vehicles, and property values. However, other loss drivers relate to construction materials and practices, as well as building code adoption and enforcement. The increasing loss trends pose a number of challenges for the insurance industry and broader society. These challenges are discussed, and some recommendations are presented.

Assessing Benefits of Neighborhood Walkability to Single-Family Property Values

2015 ◽  
Vol 35 (4) ◽  
pp. 471-488 ◽  
Author(s):  
Wei Li ◽  
Kenneth Joh ◽  
Chanam Lee ◽  
Jun-Hyun Kim ◽  
Han Park ◽  
...  
Keyword(s):  
Property Values ◽  
Single Family ◽  
Neighborhood Walkability

Bankruptcy filings, flooding, real estate prices and Leading Index

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Billie Ann Brotman
Keyword(s):  
Housing Prices ◽  
The United States ◽  
Flood Insurance ◽  
Single Family ◽  
Personal Bankruptcy ◽  
Content Type ◽  
Independent Variables ◽  
Flooding Event ◽  
Flooding Events ◽  
The Impact

PurposeFlood damage to uninsured single-family homes shifts the entire burden of costly repairs onto the homeowner. Homeowners in the United States and in much of Europe can purchase flood insurance. The Netherlands and Asian countries generally do not offer flood insurance protection to homeowners. Uninsured households incur the entire cost of repairing/replacing properties damaged due to flooding. Homeowners’ policies do not cover damage caused by flooding. The paper examines the link between personal bankruptcy and the severity of flooding events, property prices and financial condition levels.Design/methodology/approachA fully modified ordinary least squares (FMOLS) regression model is developed which uses personal bankruptcy filings as its dependent variable during the years 2000 through 2018. This time-series model considers the association between personal bankruptcy court filings and costly, widespread flooding events. Independent variables were selected that potentially act as mitigating factors reducing bankruptcy filings.FindingsThe FMOLS regression results found a significant, positive association between flooding events and the total number of personal bankruptcy filings. Higher flooding costs were associated with higher bankruptcy filings. The Home Price Index is inversely related to the bankruptcy dependent variable. The R-squared results indicate that 0.65% of the movement in the dependent variable personal bankruptcy filings is explained by the severity of a flooding event and other independent variables.Research limitations/implicationsThe severity of the flooding event is measured using dollar losses incurred by the National Flood Insurance program. A macro-case study was undertaken, but the research results would have been enhanced by examining local areas and demographic factors that may have made bankruptcy filing following a flooding event more or less likely.Practical implicationsThe paper considers the impact of the natural disaster flooding on bankruptcy rates filings. The findings may have implications for multi-family properties as well as single-family housing. Purchasing flood insurance generally mitigates the likelihood of severe financial risk to the property owner.Social implicationsNatural flood insurance is underwritten by the federal government and/or by private insurers. The financial health of private property insurers that underwrite flooding and their ability to meet losses incurred needs to be carefully scrutinized by the insured.Originality/valuePrior studies analyzing the linkages existing between housing prices, natural disasters and bankruptcy used descriptive data, mostly percentages, when considering this association. The study herein posits the same questions as these prior studies but used regression analysis to analyze the linkages. The methodology enables additional independent variables to be added to the analysis.

Eviction and Voter Turnout: The Political Consequences of Housing Instability

2021 ◽  
pp. 003232922110507
Author(s):  
Gillian Slee ◽  
Matthew Desmond
Keyword(s):  
Voter Turnout ◽  
Causal Effect ◽  
Additive Model ◽  
The United States ◽  
Data Set ◽  
Endogeneity Bias ◽  
Political Consequences ◽  
Housing Costs ◽  
Election Results ◽  
The Impact

In recent years, housing costs have outpaced incomes in the United States, resulting in millions of eviction filings each year. Yet no study has examined the link between eviction and voting. Drawing on a novel data set that combines tens of millions of eviction and voting records, this article finds that residential eviction rates negatively impacted voter turnout during the 2016 presidential election. Results from a generalized additive model show eviction’s effect on voter turnout to be strongest in neighborhoods with relatively low rates of displacement. To address endogeneity bias and estimate the causal effect of eviction on voting, the analysis treats commercial evictions as an instrument for residential evictions, finding that increases in neighborhood eviction rates led to substantial declines in voter turnout. This study demonstrates that the impact of eviction reverberates far beyond housing loss, affecting democratic participation.

Intervening in Anti-Immigrant Sentiments: The Causal Effects of Factual Information on Attitudes toward Immigration

2021 ◽  
Vol 697 (1) ◽  
pp. 174-191
Author(s):  
Maria Abascal ◽  
Tiffany J. Huang ◽  
Van C. Tran
Keyword(s):  
The United States ◽  
Policy Preferences ◽  
Social Cognitions ◽  
Survey Experiment ◽  
Factual Information ◽  
Change Policy ◽  
Nationally Representative ◽  
Original Survey ◽  
Contrast Information ◽  
Attitudes Toward Immigration

If preferences on immigration policy respond to facts, widespread misinformation poses an obstacle to consensus. Does factual information about immigration indeed affect policy preferences? Are beliefs about immigration’s societal impact the mechanism through which factual information affects support for increased immigration? To address these questions, we conducted an original survey experiment, in which we presented a nationally representative sample of 2,049 Americans living in the United States with facts about immigrants’ English acquisition and immigrants’ impact on crime, jobs, and taxes—four domains with common misperceptions. Three of these factual domains (immigration’s impact on crime, jobs, and taxes) raise overall support for increased immigration. These facts also affect beliefs that are directly relevant to that information. Moreover, those beliefs mediate the effect of factual information on support for increased immigration. By contrast, information about English acquisition affects neither policy preferences nor beliefs about immigration’s impact. Facts can leverage social cognitions to change policy preferences.

Status, Growth, and Perceptions of School Quality

2021 ◽  
pp. 016237372110305
Author(s):  
David M. Houston ◽  
Michael Henderson ◽  
Paul E. Peterson ◽  
Martin R. West
Keyword(s):  
Public Schools ◽  
Online Survey ◽  
School Quality ◽  
Survey Experiment ◽  
Accountability Systems ◽  
Local Schools ◽  
Achievement Growth ◽  
Status Information ◽  
Nationally Representative ◽  
Perceptions Of School

States and districts are increasingly incorporating measures of achievement growth into their school accountability systems, but there is little research on how these changes affect the public’s perceptions of school quality. We conduct a nationally representative online survey experiment to identify the effects of providing participants with information about their local public schools’ average achievement status and/or average achievement growth. Prior to receiving any information, participants already possess a modest understanding of how their local schools perform in terms of status, but they are largely unaware of how these schools perform in terms of growth. Participants who live in higher status districts tend to grade their local schools more favorably. The provision of status information does not fundamentally change this relationship. The provision of growth information, however, alters Americans’ views about local educational performance. Once informed, participants’ evaluations of their local schools better reflect the variation in district growth.

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