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Full-Text Articles in Economics

Part 2: The Rent Is Too Damn High: Housing In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University Jan 2022

Part 2: The Rent Is Too Damn High: Housing In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Is Hampton Roads an affordable place to live? At first glance, median rents and housing values are below those of the closest major metropolitan areas. Comparing housing costs to household income yields a different conclusion: more than 1 in 3 households in Hampton Roads paid more than 30% of their income for housing and 1 in 7 households paid more than 50% of their income for housing. In this chapter, we explore housing affordability in Hampton Roads, Virginia, and the United States and ask what the region can do to make housing more affordable.


Part 5: Strangers In A Strange Land: Finding Refuge In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University Jan 2022

Part 5: Strangers In A Strange Land: Finding Refuge In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

In 2021, a record breaking 90 million people were forcibly displaced, fleeing war, violence, human rights violations, and persecution. In early 2022, Russia’s invasion of Ukraine added to this toll, pushing the estimated number of refugees past the 100- million- person mark This chapter explores how all of these developments are affecting Hampton Roads, which has received more than 300 Afghans and other political refugees over the past eighteen months.


Part 6: The Winchester Metropolitan Area Outperforms The Commonwealth, Dragas Center For Economic Analysis And Policy, Old Dominion University Jan 2021

Part 6: The Winchester Metropolitan Area Outperforms The Commonwealth, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Conversations about growth in Virginia primarily focus on the metropolitan areas of Northern Virginia, Hampton Roads and Richmond. Often forgotten in these discussions is how the smaller metropolitan area of Winchester has outperformed many of the larger metros in the Commonwealth. We explore why Winchester is growing and how this growth could change the quality of life of its residents in the future.


Part 1: We May Have Turned The Economic Corner, Center For Economic Analysis And Policy, Old Dominion University Jan 2017

Part 1: We May Have Turned The Economic Corner, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

The outlook for increased regional economic growth has improved. Each of the major building blocks of our regional economy (defense, the Port, tourism) has gained momentum and our housing market continues to show slow, but steady improvement.


Part 2: Northern Virginia: Turning The Corner?, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 2: Northern Virginia: Turning The Corner?, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

NOVA now accounts for 37 percent of all employment in Virginia, but approximately 45 percent of the value of the Commonwealth’s economic activity. Recent growth in professional and business services employment suggests that the region may have turned the corner toward a more diverse, private sector-oriented economy.


Part 2: Northern Virginia: Standing At A Fork In The Road, Center For Economic Analysis And Policy, Old Dominion University Jan 2015

Part 2: Northern Virginia: Standing At A Fork In The Road, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Direct federal employment and procurement spending accounts for almost 40 percent of all economic activity in Northern Virginia, which in turn accounts for more than 40 percent of all economic activity in Virginia. Sequestration has hobbled Northern Virginia’s growth. However, George Mason University’s leading economic index suggests better times are on the horizon.


Part 1: Rebounding, Albeit Slowly, Regional Studies Institute, Old Dominion University Jan 2014

Part 1: Rebounding, Albeit Slowly, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

In a nutshell, our regional economy continues to recover, but still has not regained the jobs lost in the 2008 recession.


Part 5: Affordable Housing In Hampton Roads: Facts And Issues, Regional Studies Institute, Old Dominion University Jan 2007

Part 5: Affordable Housing In Hampton Roads: Facts And Issues, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The rapid increase in regional housing prices in recent years (97 percent between 1997 and 2006) has made it much more difficult for some people to own their own home. Between these years, the annual interest and principal payments required for a typical home purchase rose from only 21.5 percent of the median income of our region’s households to 32 percent. Economically viable solutions to affordable housing challenges nearly always include increased housing density in order to make more moderately priced housing profitable to builders.


Part 2: How Do We Compare? Hampton Roads Versus Other Regions, Regional Studies Institute, Old Dominion University Jan 2004

Part 2: How Do We Compare? Hampton Roads Versus Other Regions, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Per capita income in Hampton Roads has been rising and, after we factor in the cost of living, now is about 6 percent above the national average. This is a startling reversal from the late 1990s when the region was well below the national average. Housing prices here continue to be lower than the national average, as is our overall cost of living. Our air is cleaner than the national average and we rate high in terms of cultural amenities, but founder with regard to several measures of educational attainment.


Comparative Study Of Economic Adjustment And Housing Quality Of Migrants And Natives In The State Of Virginia, Bayram Unal Oct 1999

Comparative Study Of Economic Adjustment And Housing Quality Of Migrants And Natives In The State Of Virginia, Bayram Unal

Sociology & Criminal Justice Theses & Dissertations

This research has directed attention towards comparing and understanding the characteristics of both native and migrant populations and both recent and long-term migrant populations in the state of Virginia. The research question is: how does migrant population differ from native population? And how do recent migrants differ from long-term migrants in terms of their employment status, occupation, income, home ownership, quality of housing and amount of rent. This study utilizes data from the 5 percent sample of the U.S. 1990 Census. Cross tabulation and analysis of variance are used to compare migrant with native population and recent migrants with long-term …