Housing & Homelessness Archives - Page 10 of 15

A Neighborhood Wealth Metric for Use in Health Studies

Moudon, Anne Vernez; Cook, Andrea J.; Ulmer, Jared; Hurvitz, Philip M.; Drewnowski, Adam. (2011). A Neighborhood Wealth Metric for Use in Health Studies. American Journal Of Preventive Medicine, 41(1), 88 – 97.

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Abstract

Background: Measures of neighborhood deprivation used in health research are typically based on conventional area-based SES. Purpose: The aim of this study is to examine new data and measures of SES for use in health research. Specifically, assessed property values are introduced as a new individual-level metric of wealth and tested for their ability to substitute for conventional area-based SES as measures of neighborhood deprivation. Methods: The analysis was conducted in 2010 using data from 1922 participants in the 2008-2009 survey of the Seattle Obesity Study (SOS). It compared the relative strength of the association between the individual-level neighborhood wealth metric (assessed property values) and area-level SES measures (including education, income, and percentage above poverty as single variables, and as the composite Singh index) on the binary outcome fair/poor general health status. Analyses were adjusted for gender, categoric age, race, employment status, home ownership, and household income. Results: The neighborhood wealth measure was more predictive of fair/poor health status than area-level SES measures, calculated either as single variables or as indices (lower DIC measures for all models). The odds of having a fair/poor health status decreased by 0.85 (95% CI=0.77, 0.93) per $50,000 increase in neighborhood property values after adjusting for individual-level SES measures. Conclusions: The proposed individual-level metric of neighborhood wealth, if replicated in other areas, could replace area-based SES measures, thus simplifying analyses of contextual effects on health. (Am J Prev Med 2011; 41(1): 88-97) (C) 2011 American Journal of Preventive Medicine

Keywords

Health -- Social Aspects; Social Status; Public Health Research; Home Ownership; Income; Real Property; Deprivation (psychology); Health Education; Disparities Geocoding Project; Body-mass Index; Socioeconomic-status; Ecological Fallacy; Built Environment; Deprivation Indexes; Multilevel Analysis; Individual-level; Social-class; Inequalities

On Uncertain Ground: Being at Home in the Context of Public Housing Redevelopment

Manzo, Lynne C. (2014). On Uncertain Ground: Being at Home in the Context of Public Housing Redevelopment. International Journal Of Housing Policy, 14(4), 389 – 410.

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Abstract

The recent global financial crisis increased the volatility of housing markets and furthered the ongoing disinvestment in public sector housing. This disinvestment has been manifest in urban restructuring programmes involving both the privatisation and the wholesale demolition of public/social housing. For example, programmes like HOPE VI in the USA have radically altered the landscape of public housing through the demolition of tens of thousands of housing units nationwide. However, what of the people who occupied this housing, and what of the lives they had built there? In such a context, deliberating on the notion of being at home becomes a pressing task, necessitating serious consideration of the lived experience of place and place attachments among those who have been displaced by such programmes. While research has studied outcomes such as the quality of the new neighbourhood and household economic stability, it does not adequately address the lived experience of place and the disruptions that forced relocation can cause. This paper brings the literature on place attachment into the discussion of urban restructuring programmes and discusses the findings of several empirical studies on place attachment to provide a more complete picture of the impacts of such programmes on poor people. It demonstrates how place attachments in the context of public housing are complicated by poverty, power dynamics, ambivalence, and stigma, underscoring how attachments are formed through the interplay of policy and programme rhetoric, and the active processes of meaning making among residents. Policy implications of considering place attachments in public housing redevelopment efforts are also addressed.

Keywords

Public Housing; Housing Development; Housing Market; Housing Assistance Agencies; Urbanization; Global Financial Crisis, 2008-2009; Being At Home; Hope Vi; Place Attachment; Urban Restructuring Programmes; Relocation; Residents; Stability; Landscape; Neighborhoods; Stigma; Poverty; Radicalism; Ambivalence; Public Policy; Social Programs; Public Finance; Public Sector; Economic Stabilization; Housing Authorities; International Finance; Economic Crisis; Privatization; Demolition; Volatility; Redevelopment; Low Income Groups; Rhetoric

Optimal Composition of Hybrid/Blended Real Estate Portfolios

Ametefe, Frank Kwakutse; Devaney, Steven; Stevenson, Simon Andrew. (2019). Optimal Composition of Hybrid/Blended Real Estate Portfolios. Journal Of Property Investment & Finance, 37(1), 20 – 41.

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Abstract

Purpose The purpose of this paper is to establish an optimum mix of liquid, publicly traded assets that may be added to a real estate portfolio, such as those held by open-ended funds, to provide the liquidity required by institutional investors, such as UK defined contribution pension funds. This is with the objective of securing liquidity while not unduly compromising the risk-return characteristics of the underlying asset class. This paper considers the best mix of liquid assets at different thresholds for a liquid asset allocation, with the performance then evaluated against that of a direct real estate benchmark index. Design/methodology/approach The authors employ a mean-tracking error optimisation approach in determining the optimal combination of liquid assets that can be added to a real estate fund portfolio. The returns of the optimised portfolios are compared to the returns for portfolios that employ the use of either cash or listed real estate alone as a liquidity buffer. Multivariate generalised autoregressive models are used along with rolling correlations and tracking errors to gauge the effectiveness of the various portfolios in tracking the performance of the benchmark index. Findings The results indicate that applying formal optimisation techniques leads to a considerable improvement in the ability of the returns from blended real estate portfolios to track the underlying real estate market. This is the case at a number of different thresholds for the liquid asset allocation and in cases where a minimum return requirement is imposed.

Keywords

Hedge-fund-replication; Volatility Dynamics; Tracking Error; Stock; Performance; Property; Returns; Markets; Private; Model; Open-ended Funds; Real Estate Liquidity; Portfolio Optimization; Blended Real Estate; Defined Contribution Pensions

Use of Health Impact Assessments in the Housing Sector to Promote Health in the United States, 2002-2016

Bever, Emily; Arnold, Kimberly T.; Lindberg, Ruth; Dannenberg, Andrew L.; Morley, Rebecca; Breysse, Jill; Pollack Porter, Keshia M. (2021). Use of Health Impact Assessments in the Housing Sector to Promote Health in the United States, 2002-2016. Journal Of Housing And The Built Environment, 36(3), 1277 – 1297.

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Abstract

Housing affects health, yet health is seldom considered in housing decisions. Health impact assessment (HIA) is a tool that can improve housing-related policies, plans, programs, and projects by bringing together scientific data, health expertise, and stakeholder engagement to identify the potential health effects of proposed decisions. We systematically identified and reviewed HIAs of housing decisions in the United States, yielding 54 HIAs between 2002 and 2016. Two examined federal proposals; the others explored decisions in 20 states. A variety of organizations led the HIAs, including non-profits, public health departments, and academic institutions. The primary decision-makers each HIA sought to inform were housing, planning, and/or elected officials. Eighteen HIAs focused on housing policies, codes, design elements, and utilities in residential structures. The remaining 36 HIAs included housing as one element of broader community development and transportation planning decisions. HIA recommendations changed decisions in some cases, and the assessment process helped strengthen connections between public health and housing decision-makers. To illustrate key characteristics of housing HIAs, we purposefully selected three HIAs and described the decisions they informed in detail: off-campus student housing in Flagstaff, Arizona; a rental housing inspections program in Portland, Oregon; and revitalization plans for a major thoroughfare in a suburb of St. Louis, Missouri. With a few exceptions, federal, state, and local agencies in the U.S. are not required to consider the health impacts of housing decisions, such as where housing is sited, how it is designed and constructed, and policies for ensuring that it is affordable and safe. HIA has emerged as a tool for advocates, health and housing practitioners, and policymakers to fill this gap. However, few studies have examined whether HIAs do in fact change housing decisions, shift the way that decision-makers think, or ultimately shift determinants of health (e.g., housing affordability and quality). This review demonstrates that HIAs can facilitate the consideration of health during housing decision-making. Housing HIAs can also help decision-makers address commonly overlooked effects, such as changes to social cohesion, and improve civic participation by engaging communities in the decisionmaking process.

Keywords

0; Community Development; Decision-making; Healthy Housing; Health Impact Assessment; Housing Policy; Stakeholder Engagement; Health Promotion; Public Health; Exceptions; Impact Analysis; Nonprofit Organizations; Affordability; Suburban Areas; Profits; Housing; Policy Making; Transportation Planning; Decision Making; Rental Housing; Public Officials; Policies; Regeneration; Utilities; Social Cohesion; Inspections; Community Involvement; Decision Makers; Community Participation; United States--us

Genetic and Environmental Influences on Residential Location in the US

Duncan, Glen E.; Dansie, Elizabeth J.; Strachan, Eric; Munsell, Melissa; Huang, Ruizhu; Moudon, Anne Vernez; Goldberg, Jack; Buchwald, Dedra. (2012). Genetic and Environmental Influences on Residential Location in the US. Health & Place, 18(3), 515 – 519.

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Abstract

We used a classical twin design and measures of neighborhood walkability and social deprivation, using each twin's street address, to examine genetic and environmental influences on the residential location of 1389 same-sex pairs from a US community-based twin registry. Within-pair correlations and structural equation models estimated these influences on walkability among younger (ages 18-24.9) and older (ages 25+) twins. Adjusting for social deprivation, walkability of residential location was primarily influenced by common environment with lesser contributions of unique environment and genetic factors among younger twins, while unique environment most strongly influenced walkability, with small genetic and common environment effects, among older twins. Thus, minimal variance in walkability was explained by shared genetic effects in younger and older twins, and confirms the importance of environmental factors in walkability of residential locations. (c) 2012 Elsevier Ltd. All rights reserved.

Keywords

Homesites; Community Life -- Social Aspects; Structural Equation Modeling; Genetics; Analysis Of Variance; Environmental Health; Walking; United States; Environment; Neighborhood; Twins; Walkability; Physical-activity; Twin Registry; Epidemiology; Preferences; Selection; Zygosity

Phasic Metropolitan Settlers: A Phase-Based Model for the Distribution of Households in US Metropolitan Regions

Estiri, Hossein; Krause, Andy; Heris, Mehdi P. (2015). Phasic Metropolitan Settlers: A Phase-Based Model for the Distribution of Households in US Metropolitan Regions. Urban Geography, 36(5), 777 – 794.

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Abstract

In this article, we develop a model for explaining spatial patterns in the distribution of households across metropolitan regions in the United States. First, we use housing consumption and residential mobility theories to construct a hypothetical probability distribution function for the consumption of housing services across three phases of household life span. We then hypothesize a second probability distribution function for the offering of housing services based on the distance from city center(s) at the metropolitan scale. Intersecting the two hypothetical probability functions, we develop a phase-based model for the distribution of households in US metropolitan regions. We argue that phase one households (young adults) are more likely to reside in central city locations, whereas phase two and three households are more likely to select suburban locations, due to their respective housing consumption behaviors. We provide empirical validation of our theoretical model with the data from the 2010 US Census for 35 large metropolitan regions.

Keywords

Residential-mobility; Life-course; Housing Consumption; Family; Satisfaction; Migration; Geography; Context; Age; Distribution Patterns; Us Metropolitan Regions; Household

The Determinants of Executive Compensation in US REITs: Performance vs. Corporate Governance Factors

Ascherl, Claudia; Schrand, Liesa; Schaefers, Wolfgang; Dermisi, Sofia. (2019). The Determinants of Executive Compensation in US REITs: Performance vs. Corporate Governance Factors. Journal Of Property Research, 36(4), 313 – 342.

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Abstract

The paper examines whether executive compensation packages within the US REIT industry are determined merely by performance or also by CEO power mechanisms that have an essential influence on board-level negotiations. We offer original insights into management compensation arrangements during and after the financial crisis. The relative importance of cash bonuses in CEO compensation contracts has more than halved after the crisis. Simultaneously, after the financial crisis, equity-based compensation became increasingly important. Concerning the pay-for-performance link, our results show no relationship during the financial crisis. However, after the crisis, we find a strong significant link between remuneration packages and corporate success.

Keywords

Executive Compensation; Chief Executive Officers; Negotiations; Compensation; Packages; Crises; Economic Crisis; Corporate Governance; United States--us

Pushing Back on Displacement: Community-Based Redevelopment through Historically Black Churches

Born, Branden; Berney, Rachel; Baker, Olivia; Jones, Mark R.; King, Donald; Marcus, Dylan. (2021). Pushing Back on Displacement: Community-Based Redevelopment through Historically Black Churches. Societies, 11(1).

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Abstract

Gentrification and subsequent displacement are common problems in cities, and result in the removal of poor communities and communities of color from urban areas as they move to cheaper locations in the metropolitan region. Here we describe a community-based approach to redevelopment by historic Black churches that seeks to counter such displacement and cultural removal. We explain the history of a historically Black neighborhood in Seattle and the founding and rationale for a church-led project called the Nehemiah Initiative. Our perspective is that of participants in the work of the Nehemiah Initiative and as faculty and students from a local university partner supporting it. We conclude with policy strategies that can be used to support such redevelopment in Seattle, with understanding that some may be broadly applicable to other cities.

Keywords

Black Churches; Community Based; Displacement; Equitable Development; Faith Based; Gentrification; Housing Affordability; Redevelopment; University-community Partnership

Home Versus Nonhome Neighborhood: Quantifying Differences in Exposure to the Built Environment

Hurvitz, Philip M.; Moudon, Anne Vernez. (2012). Home Versus Nonhome Neighborhood: Quantifying Differences in Exposure to the Built Environment. American Journal Of Preventive Medicine, 42(4), 411 – 417.

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Abstract

Background: Built environment and health research have focused on characteristics of home neighborhoods, whereas overall environmental exposures occur over larger spatial ranges. Purpose: Differences in built environment characteristics were analyzed for home and nonhome locations using GPS data. Methods: GPS data collected in 2007-2008 were analyzed for 41 subjects in the Seattle area in 2010. Environmental characteristics for 3.8 million locations were measured using novel GIS data sets called SmartMaps, representing spatially continuous values of local built environment variables in the domains of neighborhood composition, utilitarian destinations, transportation infrastructure, and traffic conditions. Using bootstrap sampling, CIs were estimated for differences in built environment values for home (1666 m) GPS locations. Results: Home and nonhome built environment values were significantly different for more than 90% of variables across subjects (p < 0.001). Only 51% of subjects had higher counts of supermarkets near than away from home. Different measures of neighborhood parks yielded varying results. Conclusions: SmartMaps helped measure local built environment characteristics for a large set of GPS locations. Most subjects had significantly different home and nonhome built environment exposures. Considering the full range of individuals' environmental exposures may improve understanding of effects of the built environment on behavior and health outcomes. (Am J Prev Med 2012;42(4):411-417) (C) 2012 American Journal of Preventive Medicine

Keywords

Built Environment; Public Health Research; Individual Differences; Neighborhoods; Environmental Exposure; Health Of Homeless People; Global Positioning System; Data Analysis; Quantitative Research; Seattle (wash.); Washington (state); Geographic Information-systems; Global Positioning Systems; Physical-activity; Health Research; Urban Form; Land-use; Associations; Transportation; Availability; Walkability

Geographic Disparities in Healthy Eating Index Scores (HEI-2005 and 2010) by Residential Property Values: Findings from Seattle Obesity Study (SOS)

Drewnowski, Adam; Aggarwal, Anju; Cook, Andrea; Stewart, Orion; Moudon, Anne Vernez. (2016). Geographic Disparities in Healthy Eating Index Scores (HEI-2005 and 2010) by Residential Property Values: Findings from Seattle Obesity Study (SOS). Preventive Medicine, 83, 46 – 55.

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Abstract

Background. Higher socioeconomic status (SES) has been linked with higher-quality diets. New GIS methods allow for geographic mapping of diet quality at a very granular level. Objective. To examine the geographic distribution of two measures of diet quality: Healthy Eating Index (HEI 2005 and HEI 2010) in relation to residential property values in Seattle-King County. Methods. The Seattle Obesity Study (SOS) collected data from a population-based sample of King County adults in 2008-09. Socio-demographic data were obtained by 20-min telephone survey. Dietary data were obtained from food frequency questionnaires (FFQs). Home addresses were geocoded to the tax parcel and residential property values were obtained from the King County tax assessor. Multivariable regression analyses using 1116 adults tested associations between SES variables and diet quality measured (HEI scores). Results. Residential property values, education, and incomes were associated with higher HEI scores in bivariate analyses. Property values were not collinear with either education or income. In adjusted multivariable models, education and residential property were better associated with HEI, compared to than income. Mapping of HEI-2005 and HEI-2010 at the census block level illustrated the geographic distribution of diet quality across Seattle-King County. Conclusion. The use of residential property values, an objective measure of SES, allowed for the first visual exploration of diet quality at high spatial resolution: the census block level. (C) 2015 Elsevier Inc. All rights reserved.

Keywords

Obesity Treatment; Prevention Of Obesity; Disease Mapping; Socioeconomics; Multivariate Analysis; Population Geography; Census; Diet; Housing; Nutrition Policy; Questionnaires; Research Funding; Socioeconomic Factors; Body Mass Index; Health Equity; Cross-sectional Method; Economics; Seattle (wash.); Washington (state); Diet Quality; Geographic Information Systems; Healthy Eating Index; Residential Property Values; Socio-economic Status; Local Food Environment; Vitamin-e Consumption; Socioeconomic Position; United-states; Social-class; Energy-density; Association; Indicators; Trends