IDEAS home Printed from https://ideas.repec.org/a/fip/fedfci/y2011isprp19-22nv.23no.1.html
   My bibliography  Save this article

When investors buy up the neighborhood: preventing investor ownership from causing neighborhood decline

Author

Listed:
  • Karen Black
  • Kalima Rose
  • Sarah Treuhaft

Abstract

Across the country, communities are struggling with the negative spillover effects of foreclosure. In states such as Arizona, California, and Nevada, an additional concern is the increased number of investors who are purchasing distressed properties. While investors are an important part of a vibrant housing market and can provide high-quality and affordable rental properties, there is a danger that unscrupulous investors are buying these properties without the intent to maintain them or contribute to the health of the surrounding neighborhood. This article, an excerpt from a longer report published by PolicyLink, reviews strategies that local governments can use to prevent investor ownership from causing neighborhood decline.

Suggested Citation

  • Karen Black & Kalima Rose & Sarah Treuhaft, 2011. "When investors buy up the neighborhood: preventing investor ownership from causing neighborhood decline," Community Investments, Federal Reserve Bank of San Francisco, vol. 23(Spr), pages 19-22.
    • Handle: RePEc:fip:fedfci:y:2011:i:spr:p:19-22:n:v.23no.1
    as

    Download full text from publisher

    File URL: https://www.frbsf.org/community-development/wp-content/uploads/sites/3/CI_Treuhaft_et_al.pdf
    File Function: Full Text
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Boeing, Geoff & Harten, Julia & Sanchez-Moyano, Rocio, 2023. "Digitalization of the Housing Search: Homeseekers, Gatekeepers, and Market Legibility," SocArXiv 643x2, Center for Open Science.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedfci:y:2011:i:spr:p:19-22:n:v.23no.1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.