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Selected Works

Housing and Community Development

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 Oct 2015

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.

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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 Sep 2015

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

This book presents decision models and applications to an important contemporary issue in urban housing and community development: local responses to the foreclosure crisis. The roots of this book are a National Science Foundation-funded project as well as an antecedent pilot project that served as a response to a phenomenon with multiple causes and large-scale and wide-ranging impacts on people, communities and markets worldwide, including in urbanized areas of the United States. The book demonstrates that a diverse set of decision models, developed to respond to the recent foreclosure crisis in the US, can contribute to emerging scholarship in public-sector …

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Property Value Impacts Of Foreclosed Housing Acquisitions Under Uncertainty, Michael P. Johnson Jr., Senay Solak, Rachel B. Drew, Jeffrey Keisler Aug 2013

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 …

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