The Limits of Housing Investment as a Neighborhood Revitalization Tool: Crime in New York City
Michael C. Lens
Journal of the American Planning Association, 2013, vol. 79, issue 3, 211-221
Abstract:
Problem, research strategy, and findings: Local residents often oppose place-based affordable housing on the grounds that such housing will increase crime and decrease property values. New York City has actually used affordable housing investment as a neighborhood revitalization tool, leading to a positive impact on neighborhood property values. Households in distressed neighborhoods consistently cite crime as a problem, but we know little about the impact of housing investments on crime. Using a unique set of point-specific data on affordable housing and crime locations between 2002 and 2008 in New York City, I estimate a set of regression models to identify the effect that affordable housing investments have on crime on the block where they are situated. I find little evidence that affordable housing investments either reduce or increase crime on New York City blocks, suggesting there are limits to the revitalization effects of these subsidies and that crime fears about subsidized housing are unwarranted. Takeaway for practice: Cities with tight rental markets such as New York should continue to invest in affordable housing construction. However, these cities need to find ways to expand housing options in higher-income, less-distressed neighborhoods, or they risk exacerbating concentrated poverty and further subjecting low-income households to unsafe living environments.
Date: 2013
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://hdl.handle.net/10.1080/01944363.2014.893803 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:rjpaxx:v:79:y:2013:i:3:p:211-221
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rjpa20
DOI: 10.1080/01944363.2014.893803
Access Statistics for this article
Journal of the American Planning Association is currently edited by Sandi Rosenbloom
More articles in Journal of the American Planning Association from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().