Local Development Policies and the Foreclosure Crisis in California
Can Local Policies Hold Back National Tides
Bibliographic Data
| ID | 6404616 |
|---|---|
| Authors | George Glasgow (0000-0001-6418-5188, University of California, Santa Barbara), Garrett Glasgow, Paula Gilbert Lewis (0000-0002-3890-158X, Arizona State University, Tempe, USA), Max Neiman (Institute of Government Studies, University of California, Berkeley, USA) |
| Year | 2012 |
| Volume | 48 |
| Issue | 1 |
| Pages | 64-85 |
| Publication date | 2012-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Urban Affairs Review (JOURNAL) |
| Journal identifiers | ISSN: 1078-0874 • E-ISSN: 1552-8332 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/1078087411418626 |
| OpenAlex | W2014227227 |
| Language | EN |
| Citations received | 6 |
| References cited | 50 |
Can local governments shape the long-run fortunes of their communities through their own policies, or is the autonomy of localities swamped by larger macroeconomic forces? This study considers the relationship between California municipalities’ policy orientations toward residential development at the start of the housing boom in the late 1990s and the subsequent incidence of foreclosures during the housing crisis in 2008 and 2009. The authors find that cities reported to have stronger city council opposition to residential growth had a lower incidence of foreclosures a decade later, even after controlling for the rate of increase in the housing stock and other local economic, demographic, and geographic characteristics. Although the foreclosure crisis was driven by national and global forces, more cautious local government policy approaches to residential growth appeared to moderate the damage
Autonomy · Boom · Development economics · Economic growth · Economic policy · Economics · Financial crisis · Foreclosure · Geography · Local government · Opposition (politics · Political science · Politics · Stock (firearms · Housing Market and Economics · Housing, Finance, and Neoliberalism · Public Administration · Urban, Neighborhood, and Segregation Studies · Finance
Exploring the Relationship Between Housing Downturns and Partisan Elections
Is Housing Diversity Good for Community Stability? Evidence from the Housing Crisis
Grievances and rebellion
Housing supply and local political influence
Free markets and foreclosures
Contingent Trusteeship and Local Government Management
City Limits
The Competitive City
Regulation and the High Cost of Housing in California
Black-White Differences in Wealth and Asset Composition
The external costs of foreclosure
Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources
Neighborhood effects of concentrated mortgage foreclosures
Local Land Use Regulation and the Chain of Exclusion
Urban fortunes
The Dependent City
More Trouble in Paradise
Power to Build
Political Regimes and Suburban Growth, 1980–1990
Local Growth Control at the Ballot Box
Regulation for Revenue
The Impact of Single-family Mortgage Foreclosures on Neighborhood Crime
The Suburban Squeeze
Housing supply and housing bubbles
Changing Sources of Suburban Support for Local Growth Controls
The Effects of Local Growth Controls on Regional Housing Production and Population Redistribution in California
Direct Democracy and Land Use Policy
Room to Grow
Variance Specification in Event Count Models
Measuring the Effect of Subprime Lending on Neighborhood Foreclosures
Neighborhoods in the Wake of the Debacle
Room to Grow
The Dependent City? External Influences upon Local Control
Making the Most of Statistical Analyses
Economic Constraint and Political Choice in Urban Policymaking
Not in My Back Yard
Do Suburban Growth Controls Control Growth
Growth Controls, Population Growth, and Community Satisfaction
The Decline of Urban Politics
Citizen Mobilization and the Adoption of Local Growth Control
| Unique citing works | 6 |
|---|---|
| Citations per year | 0,4 |
| Citation span | 2011 - 2021 (11) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 6 |