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Hidden Strategic Challenges Posed By Housing Mobility Policy: An Application Of Dynamic Policy Modeling, Michael P. Johnson, Jonathan P. Caulkins, Gustav Feichtinger, Gernot Tragler, Yuri Yegorov
Hidden Strategic Challenges Posed By Housing Mobility Policy: An Application Of Dynamic Policy Modeling, Michael P. Johnson, Jonathan P. Caulkins, Gustav Feichtinger, Gernot Tragler, Yuri Yegorov
Michael P. Johnson
Over the past decade, shifts in subsidized and affordable housing policy have led to a greater role for market dynamics and individual choice on the part of program participants and their new neighbors, and a greater awareness of the importance of neighborhood on family outcomes. Given these trends, there is an opportunity for innovative prescriptive planning models to assist in the design of policy related to regional housing mobility. The goal of this paper is to identify, and answer, some housing policy analytic questions with these models.
The fundamental question motivating this paper is the following: over the long run, …