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- Community-based organizations (2)
- Foreclosure response (2)
- Public-sector operations research (2)
- Urban and regional planning (2)
- Community data analytics (1)
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- Community informatics (1)
- Community-based operations research (1)
- Cost-benefit analysis (1)
- Decision models (1)
- Foreclosed housing (1)
- Foreclosure; housing; case study; community development corporations; policy analysis (1)
- Housing and community development (1)
- Markov chains (1)
- Stochastic optimization (1)
Articles 1 - 3 of 3
Full-Text Articles in Urban Studies and Planning
Decision Science For Housing And Community Development: Localized And Evidence‐Based Responses To Distressed Housing And Blighted Communities: Wiley Interview, Michael P. Johnson Jr., Jeffrey Keisler, Senay Solak, David A. Turcotte, Armagan Bayram, Rachel B. Drew
Decision Science For Housing And Community Development: Localized And Evidence‐Based Responses To Distressed Housing And Blighted Communities: Wiley Interview, Michael P. Johnson Jr., Jeffrey Keisler, Senay Solak, David A. Turcotte, Armagan Bayram, Rachel B. Drew
Michael P. Johnson
This is an interview with staff at John Wiley & Sons regarding my book "Decision Science for Housing and Community Development: Localized and Evidence‐Based Responses to Distressed Housing and Blighted Communities" that was published by Wiley in 2015. It describes the motivation for the book, essential knowledge my co-authors and I would like each reader to take away from the book, and our assessment of the book's contribution to research and practice.
Decision Science For Housing And Community Development: Localized And Evidence‐Based Responses To Distressed Housing And Blighted Communities, Michael P. Johnson Jr., Jeffrey Keisler, Senay Solak, David Turcotte, Armagan Bayram, Rachel B. Drew
Decision Science For Housing And Community Development: Localized And Evidence‐Based Responses To Distressed Housing And Blighted Communities, Michael P. Johnson Jr., Jeffrey Keisler, Senay Solak, David Turcotte, Armagan Bayram, Rachel B. Drew
Michael P. Johnson
Property Value Impacts Of Foreclosed Housing Acquisitions Under Uncertainty, Michael P. Johnson Jr., Senay Solak, Rachel B. Drew, Jeffrey Keisler
Property Value Impacts Of Foreclosed Housing Acquisitions Under Uncertainty, Michael P. Johnson Jr., Senay Solak, Rachel B. Drew, Jeffrey Keisler
Michael P. Johnson
Community development corporations seek to stabilize neighborhoods affected by the recent foreclosure crisis through acquisition and redevelopment of distressed properties. One rationale for this work is the alleviation or avoidance of negative foreclosure impacts. We estimate the lost value to proximate properties associated with a single foreclosure through a Markov chain representing probabilistic transitions between foreclosure stages. We apply our model to a case study of foreclosure properties in Chelsea, MA. A rank ordering by estimated property value impacts indicates significant potential gains in social value as compared to current community development practice. We extend our basic model to address …