Acolin, Arthur; Bricker, Jesse; Calem, Paul; Wachter, Susan. (2016). Borrowing Constraints and Homeownership. The American Economic Review, 106(5), 625 – 629.
Keywords
Borrowing Constraints, Homeownership, Credit Supply
Research Theme: Housing & Homelessness
Includes social and real-estate implications of homelessness, housing affordability and livability in the built environment
Racial Disparity in Exposure to Housing Cost Burden in the United States: 1980-2017
Hess, Chris; Colburn, Gregg; Crowder, Kyle; Allen, Ryan. (2022). Racial Disparity in Exposure to Housing Cost Burden in the United States: 1980-2017. Housing Studies, 37(10), 1821-1841.
Abstract
This article uses the Panel Study of Income Dynamics to analyse Black–White differences in housing cost burden exposure among renter households in the USA from 1980 to 2017, expanding understanding of this phenomenon in two respects. Specifically, we document how much this racial disparity changed among renters over almost four decades and identify how much factors associated with income or housing costs explain Black–White inequality in exposure to housing cost burden. For White households, the net contribution of household, neighbourhood and metropolitan covariates accounts for much of the change in the probability of housing cost burden over time. For Black households, however, the probability of experiencing housing cost burden continued to rise throughout the period of this study, even after controlling for household, neighbourhood and metropolitan covariates. This suggests that unobserved variables like racial discrimination, social networks or employment quality might explain the increasing disparity in cost burden among for Black and White households in the USA.
Keywords
Housing; Racial Inequality; Households; Neighborhoods; Social Networks; Cost Burden; Housing Cost; Employment Discrimination; Housing Costs; Racial Discrimination; Social Factors; Dynamic Tests; Black White Differences; Tenants; Income Inequality; Race Factors; Social Organization; Cost Analysis; Black People; Racial Differences; Income; Exposure; Inequality; Social Interactions; Employment; United States--us
A Renter or Homeowner Nation?
Acolin, Arthur; Goodman, Laurie S.; Wachter, Susan M. (2016). A Renter or Homeowner Nation? Cityscape, 18(1), 145 – 158.
Vince Wang
Ruoniu (Vince) Wang is an Assistant Professor in the Runstad Department of Real Estate in the College of Built Environments at the University of Washington. He studies spatial justice and inclusive communities, including their impacts reflected in the built environment, human behaviors, and policy interventions. Vince joined the University of Washington after serving six years as the research manager and director in a national non-profit organization Grounded Solutions Network. He has designed and conducted a U.S. Census of inclusionary housing policies, a U.S. census of community land trusts, and a national performance evaluation of shared equity homeownership programs. His research expands to policy evaluation for the two largest federal assisted housing rental programs in the U.S.: the Low-Income Housing Tax Credit program and the Housing Choice Voucher program. Vince grounds his research with applied tools to democratize data for low-income communities.
College of Built Environments’ Research Restart Fund Awards Four Grants in First of Two Cycles
The College of Built Environments launched a funding opportunity for those whose research has been affected by the ongoing pandemic. The Research Restart Fund, with awards up to $5,000, has awarded 4 grants in its first of two cycles. A grant was awarded to Real Estate faculty member Arthur Acolin, who is partnering with the City of Seattle’s Office of Planning and Community Development to understand barriers that homeowners, particularly those with lower incomes, face to building Accessory Dwelling Units…
Assessing Multifamily Residential Parking Demand and Transit Service
Rowe, Daniel H.; Bae, Chang-hee Christine; Shen, Qing. (2010). Assessing Multifamily Residential Parking Demand and Transit Service. Ite Journal-institute Of Transportation Engineers, 80(12), 20 – 24.
Abstract
This study examined the relationship of multifamily residential parking demand and transit level of service in Two King County, WA, USA, Urban Centers: First Hill/Capitol Hill (FHCH) and redmond. In addition, current parking policies were assessed for their ability to meet the observed parking demand, and an alternative method to collect parking demand data was explored.
Maximizing the Computational Efficiency of Temporary Housing Decision Support Following Disasters
El-Anwar, Omar; Chen, Lei. (2014). Maximizing the Computational Efficiency of Temporary Housing Decision Support Following Disasters. Journal Of Computing In Civil Engineering, 28(1), 113 – 123.
Abstract
Postdisaster temporary housing has long been a challenging problem because of its interlinked socioeconomic, political, and financial dimensions. A significant need for automated decision support was obvious to address this problem. Previous research achieved considerable advancements in developing optimization models that can quantify and optimize the impacts of temporary housing decisions on the socioeconomic welfare of displaced families and total public expenditures on temporary housing as well as other objectives. However, the computational complexity of these models hindered its practical use and adoption by emergency planners. This article analyzes the computational efficiency of the current implementation of the most advanced socioeconomic formulation of the temporary housing problem, which uses integer programming. Moreover, it presents the development of a customized variant of the Hungarian algorithm that has a superior computational performance while maintaining the highest quality of solutions. An application example is presented to demonstrate the unique capabilities of the new algorithm in solving large-scale problems.
Keywords
Decision Support Systems; Emergency Management; Integer Programming; Computational Efficiency; Temporary Housing Decision Support Following Disasters; Financial Dimensions; Political Dimensions; Socioeconomic Dimensions; Socioeconomic Welfare; Emergency Planners; Socioeconomic Formulation; Hungarian Algorithm; Multiobjective Optimization; Maeviz-hazturk; Housing; Computation; Disasters; Temporary Structures; Temporary Housing; Optimization; Disaster Management
Endowments and Minority Homeownership
Acolin, Arthur; Lin, Desen; Wachter, Susan M. (2019). Endowments and Minority Homeownership. Cityscape, 21(1), 5 – 62.
Abstract
Fifty years after the adoption of the 1968 Fair Housing Act that prohibits discrimination in the housing market, homeownership rates have not increased for Black or Hispanic households. The current homeownership rate for Black households is 42 percent, identical to the 1970 census reported level, and 48 percent for Hispanic households, lower than that in 1970. Using data from the 1989, 2005, and 2013 American Housing Surveys, we identify the extent to which group differences in household endowments account for persistently low minority homeownership levels.
Keywords
Borrowing Constraints; Household Formation; Race; Wealth; Trends; Rates
Transitioning to Homeownership: Asset Building for Low- and Moderate-Income Households
Acolin, Arthur; Ramiller, Alex; Walter, Rebecca J; Thompson, Samantha; Wang, Ruoniu. (2021). Transitioning to Homeownership: Asset Building for Low- and Moderate-Income Households. Housing Policy Debate, 31(6), 1032 – 1049.
Abstract
This article assesses the asset building of households that take part in shared-equity homeownership (SEH) models. The contribution of this article is a comparison of outcomes for households participating in shared-equity programs with other low- and moderate-income households who rent or own properties without restrictions on appreciation. We matched participants in SEH programs to households with similar characteristics from the Panel Study of Income Dynamics (PSID) over the 1997-2017 period. The findings indicate that in real terms, median SEH homeowners accumulated about $1,700 in housing wealth annually or around $10,000 during their holding period. This amount is lower than the $2,100 median annual gain in home equity experienced by similar PSID owners but statistically and economically significantly larger than the $16 in annual gain experienced by similar PSID renters. The findings provide evidence that households participating in SEH programs experienced positive, but modest, wealth gains that were slightly lower than those of homeowners in unrestricted units but substantially higher than those of renters.
Keywords
Appreciation; Households; Property; Wealth; Income; Housing; Dynamic Tests; Home Ownership; Assets; Tenants; Equity; Owners
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.
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