Housing Dynamics: Understanding Prices, Instability, and Impacts
Paper Session
Friday, Jan. 3, 2025 10:15 AM - 12:15 PM (PST)
- Chair: Dani Sandler, U.S. Census Bureau
The Influence of Foreclosure on Family Outcomes: Moving from Opportunities?
Abstract
The Housing Crisis of 2006 -2013 and the Great Recession resulted in millions of US mortgaged homeowners losing their homes to foreclosure. This paper extends the work of Molloy and Shan (2013) and examines the move choices of mortgaged homeowners in this period. Our paper uses a specially constructed panel describing households and foreclosure events at the national level from 2008 to 2013. The file consists of survey panel data (2008 SIPP) commingled with foreclosure event data. To describe the local community, we include neighborhood (tract-level) data from the American Community Survey and school quality data at the school district level. Combined, it allows us to observe the events preceding and following the loss of the home due to foreclosure.Socioeconomics of Eviction
Abstract
Millions of households are at risk of eviction each year. There is growing evidence that evictions have a negative impact on health and socioeconomic status, but few studies have examined the dynamics between earnings, employment, and eviction filings, and evictions. This paper investigates the relationship between labor supply and eviction proceedings by linking administrative earnings data from the LEHD to eviction court records covering the entire United States. We use a dynamic difference-in-differences model (Callaway & Sant’Anna, 2020) to examine how earnings and employment change preceding and succeeding an eviction filing or an eviction. We explore heterogeneity by geography, race, gender, household composition, and industry, giving the most comprehensive picture of the dynamics between labor supply and evictions in the United States.The Mortality Gap: Unveiling Mortality Disparities in the HUD Population
Abstract
Housing instability continues to be a pressing issue affecting millions in the United States. The absence of stable housing has been linked to a cascade of health-related issues, ranging from increased stress and mental health challenges to exacerbated chronic health conditions like respiratory and heart disease. The U.S. Department of Housing and Urban Development (HUD) aims to assist economically vulnerable populations through programs like public housing, Section 8 Housing Choice Vouchers, and other subsidized housing initiatives. This study documents the mortality rates of HUD assisted individuals. We link administrative HUD data on all individuals receiving housing assistance to a variety of administrative and survey data. We find that the mortality rate of HUD assisted individuals has steadily risen in recent years with non-Hispanic White and non-Hispanic American Indian and Alaska Native individuals having the highest rates. Comparing the HUD assisted population to the U.S. population reveals that HUD assisted individuals experience mortality rates that are 10-15% higher (controlling for the different age, sex, and race population structures across HUD and the U.S. populations). We also find that HUD assisted non-Hispanic White and non-Hispanic American Indian and Alaska Native individuals experience much higher mortality relative to their counterparts in the general U.S. population. Our next set of analysis includes comparing the HUD assisted population to low-income renters in the American Community Survey to provide a potentially more similar comparison group. Finally, we investigate how life expectancy varies for those who no longer receive HUD benefits compared to those who continue receiving HUD benefits.Discussant(s)
Cody Tuttle
,
University of Texas-Austin
Scott Wentland
,
George Washington University
Daniel Tannenbaum
,
University of Nebraska-Lincoln
Angela Wyse
,
University of Chicago
JEL Classifications
- R3 - Real Estate Markets, Spatial Production Analysis, and Firm Location
- I3 - Welfare, Well-Being, and Poverty