This article assesses the impact of public investment in supportive housing for homeless persons with severe mental disabilities. Data on 4,679 people placed in such housing in New York City between 1989 and 1997 were merged with data on the utilization of public shelters, public and private hospitals, and correctional facilities. A series of matched controls who were homeless but not placed in...

Using data for 1991 to 1997 from the British Household Panel Survey we investigate the incidence of housing finance problems, evictions and repossessions. Previous research on repossessions and problematical housing debt has focused on cross-sectional data. This paper contributes uniquely to the literature by examining the sequence of household and individual events associated with housing arre...

This article presents an empirical model of housing supply derived from urban growth theory. This approach describes new housing construction as a function of changes in house prices and costs rather than as a function of the levels of those variables, which previous studies have used. Empirical tests support this specification over the leading alternative models. Our estimates show that a 10% ...

2 Housing belongs to the category of durable consumption goods defined as those that may be used repeatedly or continuously over a period of more than a year, assuming a normal or average rate of physical usage. The U.S. residential housing market has gone through important changes since the mid-1980s. Most noticeably, significant developments have taken place in the housing finance system. Con...

As income inequality in the U.S. rises, a pattern of residential segregation becomes more apparent. This paper seeks to test if differences in education can account for variation in housing prices across zip codes. We have developed regression models to analyze several economic factors, mainly education, and their relationship with housing costs. We discovered a positive linear relationship bet...

We exploited an exogenous health shock-namely, the birth of a child with a severe health condition-to investigate the effect of a life shock on homelessness in large cities in the United States as well as the interactive effects of the shock with housing market characteristics. We considered a traditional measure of homelessness, two measures of housing instability thought to be precursors to h...

We highlight the role of commuting cost, location and housing market in crime decision. By assuming that all crimes are committed in the central business district and that criminals create both positive and negative externalities to each other, we ...nd that high wages or large levels of police resources are a natural way to reduce crime. We also ...nd that bigger cities experience higher level...

Title charges include title insurance premiums and often charges for closing or settling a loan. Title insurance premiums vary considerably across metropolitan areas, from an average of $700 in Des Moines, Iowa, to $2,190 in New York City. Housing market institutions and regulations explain some, but not all, of this variation. The other charges vary as well. This report attempts to explain the...