Oliver, H. Pike, & Stockstill, C. Michael. (2022). Transforming the Irvine Ranch: Joan Irvine, William Pereira, Ray Watson, and the Big Plan. Routledge.
Research Theme: Housing & Homelessness
Includes social and real-estate implications of homelessness, housing affordability and livability in the built environment
Rachel Berney and Jeff Hou contribute to new book on social justice in urban design
“Just Urban Design: The Struggle for a Public City” (MIT Press 2022) features a collection of chapters and case studies that apply a social justice lens to the design of urban environments. Sixteen contributors, including Rachel Berney of Urban Design & Planning and Jeff Hou of Landscape Architecture, examine topics ranging from single-family zoning and community capacity building to immigrant street vendors and the right to walk. The book is open-access and can be downloaded from MIT Press here.
Steven Bourassa
Steven C. Bourassa is H. Jon and Judith M. Runstad Endowed Professor and Chair of the Runstad Department of Real Estate in the College of Built Environments at the University of Washington. Previously, he served as department chair at Florida Atlantic University, the University of Auckland, and the University of Louisville, where he was KHC Real Estate Research Professor. His research focuses on urban housing and land markets and policy, covering a range of topics including housing tenure, residential property valuation, property taxation, housing affordability, low-income housing policy, community land trusts, and public land leasehold. He has published his research in numerous real estate and related journals, such as the Journal of Housing Economics, Journal of Real Estate Finance and Economics, Journal of Real Estate Research, and Journal of Urban Economics, as well as Real Estate Economics, Regional Science and Urban Economics, and Urban Studies. His co-edited book, Leasing Public Land: Policy Debates and International Experiences, was published by the Lincoln Institute of Land Policy. Dr. Bourassa is on the editorial boards of eight real estate journals. He is a Fellow of the Weimer School of Advanced Studies in Real Estate and Land Economics and received the Research Achievement Award from the International Real Estate Society, of which he is a past President. He is currently Treasurer of the American Real Estate and Urban Economics Association. He holds a Ph.D. in city and regional planning from the University of Pennsylvania.
A Renter or Homeowner Nation?
Acolin, Arthur; Goodman, Laurie S.; Wachter, Susan M. (2016). A Renter or Homeowner Nation? Cityscape, 18(1), 145 – 158.
First-Time Homebuyers: Toward a New Measure
Acolin, Arthur; Calem, Paul; Jagtiani, Julapa; Wachter, Susan. (2018). First-Time Homebuyers: Toward a New Measure. Cityscape, 20(1), 193 – 204.
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.
Comparing Small Area Fair Market Rents with Other Rental Measures across Diverse Housing Markets
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.
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.]
Who Owns Chinatown: Neighbourhood Preservation and Change in Boston and Philadelphia
Acolin, Arthur; Vitiello, Domenic. (2018). Who Owns Chinatown: Neighbourhood Preservation and Change in Boston and Philadelphia. Urban Studies, 55(8), 1690 – 1710.
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
Associations between Neighborhood Built Environment, Residential Property Values, and Adult BMI Change: The Seattle Obesity Study III
Buszkiewicz, James H.; Rose, Chelsea M.; Ko, Linda K.; Mou, Jin; Moudon, Anne Vernez; Hurvitz, Philip M.; Cook, Andrea J.; Drewnowski, Adam. (2022). Associations between Neighborhood Built Environment, Residential Property Values, and Adult BMI Change: The Seattle Obesity Study III. SSM-Population Health, 19.
Abstract
Objective: To examine associations between neighborhood built environment (BE) variables, residential property values, and longitudinal 1-and 2-year changes in body mass index (BMI). Methods: The Seattle Obesity Study III was a prospective cohort study of adults with geocoded residential addresses, conducted in King, Pierce, and Yakima Counties in Washington State. Measured heights and weights were obtained at baseline (n = 879), year 1 (n = 727), and year 2 (n = 679). Tax parcel residential property values served as proxies for individual socioeconomic status. Residential unit and road intersection density were captured using Euclidean-based SmartMaps at 800 m buffers. Counts of supermarket (0 versus. 1+) and fast-food restaurant availability (0, 1-3, 4+) were measured using network based SmartMaps at 1600 m buffers. Density measures and residential property values were categorized into tertiles. Linear mixed-effects models tested whether baseline BE variables and property values were associated with differential changes in BMI at year 1 or year 2, adjusting for age, gender, race/ethnicity, education, home ownership, and county of residence. These associations were then tested for potential disparities by age group, gender, race/ethnicity, and education. Results: Road intersection density, access to food sources, and residential property values were inversely associated with BMI at baseline. At year 1, participants in the 3rd tertile of density metrics and with 4+ fast-food restaurants nearby showed less BMI gain compared to those in the 1st tertile or with 0 restaurants. At year 2, higher residential property values were predictive of lower BMI gain. There was evidence of differential associations by age group, gender, and education but not race/ethnicity. Conclusion: Inverse associations between BE metrics and residential property values at baseline demonstrated mixed associations with 1-and 2-year BMI change. More work is needed to understand how individual-level sociodemographic factors moderate associations between the BE, property values, and BMI change.
Keywords
Body-mass Index; Physical-activity; Food Environment; Socioeconomic-status; Weight-gain; Health; Quality
Differences in Weight Gain Following Residential Relocation in the Moving to Health (M2H) Study
Cruz, Maricela; Drewnowski, Adam; Bobb, Jennifer F.; Hurvitz, Philip M.; Moudon, Anne Vernez; Cook, Andrea; Mooney, Stephen J.; Buszkiewicz, James H.; Lozano, Paula; Rosenberg, Dori E.; Kapos, Flavia; Theis, Mary Kay; Anau, Jane; Arterburn, David. (2022). Differences in Weight Gain Following Residential Relocation in the Moving to Health (M2H) Study. Epidemiology, 33(5), 747-755.
Abstract
Background: Neighborhoods may play an important role in shaping long-term weight trajectory and obesity risk. Studying the impact of moving to another neighborhood may be the most efficient way to determine the impact of the built environment on health. We explored whether residential moves were associated with changes in body weight. Methods: Kaiser Permanente Washington electronic health records were used to identify 21,502 members aged 18-64 who moved within King County, WA between 2005 and 2017. We linked body weight measures to environment measures, including population, residential, and street intersection densities (800 m and 1,600 m Euclidian buffers) and access to supermarkets and fast foods (1,600 m and 5,000 m network distances). We used linear mixed models to estimate associations between postmove changes in environment and changes in body weight. Results: In general, moving from high-density to moderate- or low-density neighborhoods was associated with greater weight gain postmove. For example, those moving from high to low residential density neighborhoods (within 1,600 m) gained an average of 4.5 (95% confidence interval [CI] = 3.0, 5.9) lbs 3 years after moving, whereas those moving from low to high-density neighborhoods gained an average of 1.3 (95% CI = -0.2, 2.9) lbs. Also, those moving from neighborhoods without fast-food access (within 1600m) to other neighborhoods without fast-food access gained less weight (average 1.6 lbs [95% CI = 0.9, 2.4]) than those moving from and to neighborhoods with fast-food access (average 2.8 lbs [95% CI = 2.5, 3.2]). Conclusions: Moving to higher-density neighborhoods may be associated with reductions in adult weight gain.
Keywords
Body-mass Index; Neighborhood Socioeconomic-status; New-york-city; Built Environment; Physical-activity; Food Environment; Urban Sprawl; Risk-factors; Obesity; Walking; Electronic Medical Records; Fast Foods; Population Density; Residential Density; Residential Moves; Supermarkets
Hedonic, Residual, and Matching Methods for Residential Land Valuation
Bourassa, Steven C.; Hoesli, Martin. (2022). Hedonic, Residual, and Matching Methods for Residential Land Valuation. Journal Of Housing Economics, 58.
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