Acolin, Arthur; Calem, Paul; Jagtiani, Julapa; Wachter, Susan. (2018). First-Time Homebuyers: Toward a New Measure. Cityscape, 20(1), 193 – 204.
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Abstract
Existing data sources show divergent estimates of the number of homes purchased by first-time homebuyers as a share of all home purchases. In this article, we use a new dataset to construct a time series of the share of first-time homebuyers. This series, based on the Federal Reserve Bank of New York Equifax Consumer Credit Panel, shows a significant decline in the share of first-time homebuyers, particularly among young households, consistent with the decline in homeownership in this age cohort since the early 2000s.
Bourassa, Steven C.; Hoesli, Martin. (2022). Hedonic, Residual, and Matching Methods for Residential Land Valuation. Journal Of Housing Economics, 58.
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Abstract
• Our first method involves a hedonic model estimated for sales of vacant lots. • Another method depreciates improvements, obtaining land value as a residual. • Our third approach matches the sales of vacant and subsequently developed lots. • This allows us to estimate a hedonic model of land leverage (the ratio of land to total property value) for improved properties. • We conclude that the third approach is the most promising of the three methods. Accurate estimates of land values on a property-by-property basis are an important requirement for the effective implementation of land-based property taxes. We compare hedonic, residual, and matching techniques for mass appraisal of residential land values, using data from Maricopa County, Arizona. The first method involves a hedonic valuation model estimated for transactions of vacant lots. The second approach subtracts the depreciated cost of improvements from the value of improved properties to obtain land value as a residual. The third approach matches the sales of vacant lots with subsequent sales of the same properties once they have been developed. For each pair, we use a land price index to inflate the land price to the time of the improved property transaction and then calculate land leverage (the ratio of land to total property value). A hedonic model is estimated and used to predict land leverage for all improved properties. We conclude that the matching approach is the most promising of the methods considered. [ABSTRACT FROM AUTHOR]; Copyright of Journal of Housing Economics is the property of Academic Press Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Keywords
Hedonic Method; Land Leverage; Land Valuation; Matching Approach; Residual Approach
Hess, Christian; Walter, Rebecca J.; Acolin, Arthur; Chasins, Sarah. (2019). Comparing Small Area Fair Market Rents with Other Rental Measures across Diverse Housing Markets. Cityscape, 21(3), 159 – 186.
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Abstract
Small Area Fair Market Rents (SAFMRs) are calculated at the 40th percentile of the U.S. postal ZIP Code instead of the metropolitan area in an effort to capture localized rents to expand choice for voucher holders to access housing in higher-opportunity neighborhoods. Existing studies on the potential and actual outcomes of SAFMRs demonstrate that findings vary for different types of housing markets. Furthermore, the decisions public housing authorities (PHAs) make in the implementation process affect PHAs' program budget and the rent burden and locational outcomes for voucher households. This study aims to address how these implementation factors are affected by local rental market conditions for three PHAs-Housing Authority of the City of Fort Lauderdale, San Antonio Housing Authority, and Seattle Housing Authority-in diverse housing markets. By comparing different sources of market rent estimates with SAFMRs in each location, we contribute new information about how this rule is likely to produce different residential outcomes in terms of increased access to low-poverty neighborhoods and adjustments to payment standards in low-rent neighborhoods. The findings reveal differences across rent measures in terms of estimated levels and relative differences across ZIP Codes. These findings suggest that housing authorities may face challenges in meeting the objectives of the SAFMR final rule without some form of local adjustments.]
Acolin, Arthur; Reina, Vincent. (2022). Housing Cost Burden and Life Satisfaction. Journal Of Housing & The Built Environment, 37(4), 1789-1815.
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Abstract
The share of income that households spent on their housing has been increasing over time in a wide range of countries, particularly among lower income households. In theory, the share of income spent on housing can reflect variations in household preferences for housing consumption but for low-income household, high burdens are likely more reflective of constraints and force these households to face tradeoffs between housing and non-housing consumption that negatively affect their overall life satisfaction. This paper uses data from the 2018 European Union Statistics on Income and Living Conditions (EU-SILC) for 14 countries. We find that, controlling for household sociodemographic characteristics, households spending more than 30 percent of their income and those spending more than 50 percent of their income on housing report significantly lower levels of life satisfaction. The estimated relationship is largest for this latter heavily cost burdened group. The negative relationship between housing cost burden and reported life satisfaction is found across countries but varies in magnitude, suggesting that stronger welfare systems may mediate the negative impacts of housing cost burdens, although further research is needed to confirm both this relationship and the precise mechanisms driving it.
Keywords
Life Satisfaction; Income; Housing; Poor Communities; Subjective Well-being (psychology); Living Conditions; European Countries; Housing Cost; Subjective Wellbeing; Economic Hardship; Homeownership; Affordability; Determinants; Cost Analysis; Housing Costs; Households; Consumption; Low Income Groups; Expenditures; Welfare; Sociodemographics
Acolin, Arthur; Vitiello, Domenic. (2018). Who Owns Chinatown: Neighbourhood Preservation and Change in Boston and Philadelphia. Urban Studies, 55(8), 1690 – 1710.
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Abstract
The survival of Chinatowns and other ethnic enclaves in cities is largely determined by who owns property. Ethnic enclaves such as Chinatowns have traditionally played important economic, social and cultural functions as places for recent immigrants to live and work, though Chinatowns have long faced redevelopment pressures. In North America, as Chinese immigrants and their descendants settle in the suburbs, and as historic Chinatowns’ locations close to revitalising downtowns attract increasing investment, the future of these historic enclaves is shaped by various, often intense and divergent, forces. This article describes changes in the patterns of property ownership in Boston and Philadelphia’s downtown Chinatowns over the last decade (2003–2013) and relates them to changes and continuities in these neighbourhoods’ population, commercial activities and building stock. The trends we observe simultaneously reinforce and complicate debates about gentrification and longstanding efforts to preserve these Chinatowns as ethnic Chinese residential, commercial, and cultural centres.]
Keywords
Chinatown, Ethnic Enclave, Neighbourhood Change, Ownership
Asl, Bita Astaneh; Dossick, Carrie Sturts. (2022). Immersive VR Versus BIM for AEC Team Collaboration in Remote 3D Coordination Processes. Buildings, 12(10).
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Abstract
Building Information Modeling (BIM) and Virtual Reality (VR) are both tools for collaboration and communication, yet questions still exist as to how and in what ways these tools support technical communication and team decision-making. This paper presents the results of an experimental research study that examined multidisciplinary Architecture, Engineering, and Construction (AEC) team collaboration efficiency in remote asynchronous and synchronous communication methods for 3D coordination processes by comparing BIM and immersive VR both with markup tools. Team collaboration efficiency was measured by Shared Understanding, a psychological method based on Mental Models. The findings revealed that the immersive experience in VR and its markup tool capabilities, which enabled users to draw in a 360-degree environment, supported team communication more than the BIM markup tool features, which allowed only one user to draw on a shared 2D screenshot of the model. However, efficient team collaboration in VR required the members to properly guide each other in the 360-degree environment; otherwise, some members were not able to follow the conversations.
Keywords
Mental Models; Virtual-reality; Performance; Virtual Reality (vr); Building Information Modeling (bim); 3d Coordination; Clash Resolution; Remote Collaboration; Multidisciplinary Aec Team
Chalana, Manish. (2012). Of Mills and Malls: The Future of Urban Industrial Heritage in Neoliberal Mumbai. Future Anterior: Journal Of Historic Preservation, History, Theory, And Criticism, 9(1), 1 – 15.
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Abstract
The mandate of historic preservation is to maintain vestiges of diverse cultural heritage, a task that is becoming increasingly difficult in rapidly globalizing India. Much of the country's urban heritage outside of the “monument-and-site” framework is threatened by massive restructuring of cities facilitated by neoliberal urban policies. Mumbai has a rich cultural heritage, associated with diverse sociocultural and economic groups. Much of this is threatened by development practices pursued by various forces with a particular vision of Mumbai as an emerging “global city.” In this work Chalana examines Girangaon, an early industrial district of Mumbai, currently being transformed by forces of domestic and global capital. He argues that Girangaon's urban industrial heritage is a significant piece of the city's development history, which future visions of a global metropolis should embrace. While the expansion of Mumbai's economy has benefited some avenues of preservation practice in Mumbai, in Girangaon its consequences have also been negative, as a working-class neighborhood is restructured into a hypermodern district for the elite. The current forms of preservation practice in the city have been insufficient in addressing the complexity around managing heritage in low-income neighborhoods. Girangaon, and Mumbai overall, reveal the many ways that economic, cultural, and political globalization can impact historic preservation practice.]
Lindell, Michael K.; Jung, Meen Chel; Prater, Carla S.; House, Donald H. (2022). Improving Cascadia Subduction Zone Residents’ Tsunami Preparedness: Quasi-experimental Evaluation of an Evacuation Brochure. Natural Hazards, 114(1), 849-881.
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Abstract
This study surveyed 227 residents in three US Pacific Coast communities that are vulnerable to a Cascadia subduction zone tsunami. In the Brochure condition, information was presented online, followed by questions about tsunamis. Respondents in the Comparison condition received the same questionnaire by mail but did not view the brochure. Respondents in the Brochure condition had higher levels of perceived information sufficiency than those in the Comparison condition about three of the five tsunami topics. Both conditions had generally realistic expectations about most tsunami warning sources. However, they had unrealistically high expectations of being warned of a local tsunami by social sources, such as route alerting, that could not be implemented before first wave arrival. They also had unrealistically high expectations being warned of a distant tsunami by ground shaking from the source earthquake, whose epicenter would be too far away for them to feel. Moreover, respondents in both conditions expected higher levels of personal property damage and family casualties than is the case for most hazards, but their levels of negative affective response were not especially high. Overall, only 10% of the sample accessed the tsunami brochure even when sent repeated contacts and the brochure demonstrated modest effects for those who did access it. These results suggest that state and local officials should engage in repeated personalized efforts to increase coastal communities' tsunami emergency preparedness because distribution of tsunami brochures has only a modest effect on preparedness.
Keywords
Subduction Zones; Tsunamis; Emergency Management; Tsunami Warning Systems; Brochures; Preparedness; Communities; Cascadia Subduction Zone Tsunami; Hazard Warnings; Quasi-experiment; Risk Communication; Risk Information-seeking; Natural Warning Signs; Earthquake; Awareness; Responses; Behavior; Model; Wellington; Hazard; Threat; Earthquakes; Casualties; Subduction; Vulnerability; Emergency Preparedness; Emergency Warning Programs; Levels; Seismic Activity; Property Damage; Shaking; Earthquake Damage; Subduction (geology); Disaster Management; Cascadia
Dossick, Carrie S.; Neff, Gina. (2010). Organizational Divisions in BIM-Enabled Commercial Construction. Journal Of Construction Engineering And Management-asce, 136(4), 459 – 467.
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Abstract
Proponents claim that the adoption of building information modeling (BIM) will lead to greater efficiencies through increased collaboration. In this paper, we present research that examines the use of BIM technologies for mechanical, electrical, plumbing, and fire life safety systems (often referred to as MEP) coordination and how the introduction of BIM influences collaboration and communication. Using data from over 12 months of ethnographic observations of the MEP coordination process for two commercial construction projects and interviews with 65 industry leaders across the United States, we find that BIM-enabled projects are often tightly coupled technologically, but divided organizationally. This means that while BIM makes visible the connections among project members, it is not fostering closer collaboration across different companies. We outline the competing obligations to scope, project, and company as one cause for this division. Obligations to an individual scope of work or to a particular company can conflict with project goals. Individual leadership, especially that of the MEP coordinator in the teams we studied, often substitutes for stronger project cohesion and organization. Organizational forces and structures must be accounted for in order for BIM to be implemented successfully.
Keywords
Technology; Implementation; Viewpoint; Integrated Systems; Construction Industry; Leadership; Information Systems; Information Technology; Communication; Constructability; Mechanical Systems; Electrical Systems
Zhen, Feng; Shen, Qing; Jian, Boxiu; Zheng, Jun. (2010). Regional Governance, Local Fragmentation, and Administrative Division Adjustment: Spatial Integration in Changzhou. China Review-an Interdisciplinary Journal On Greater China, 10(1), 95 – 128.
Abstract
Although the current practice of administrative division adjustment in China may help to facilitate regional governance and urbanization economies, it does not effectively resolve the fundamental conflicts between the central city and surrounding county-level cities. This paper examines the impacts of administrative division adjustment on economic development in Changzhou, Jiangsu Province, by focusing on the city's development zones. It identifies major problems in the development zones and explores the major institutional, policy, sociocultural, and spatial planning factors underlying these problems. It further proposes several approaches for the spatial integration of development zones, from the perspectives of institution, policy, and space, with broader implications that go well beyond the Changzhou case.
Keywords
River Delta; Transition