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Home Foreclosures and Neighborhood Crime Dynamics

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  • Sonya Williams
  • George Galster
  • Nandita Verma

Abstract

We advance scholarship related to home foreclosures and neighborhood crime by employing Granger causality tests and multilevel growth modeling with annual data from Chicago neighborhoods over the period 1998-2009. We find that completed foreclosures temporally lead property crime and not vice versa. More completed foreclosures during a year both increase the level of property crime and slow its decline subsequently. This relationship is strongest in higher income, predominantly renter-occupied neighborhoods, contrary to the conventional wisdom. We did not find unambiguous, unidirectional causation in the case of violent crime and when filed foreclosures were analyzed.

Suggested Citation

  • Sonya Williams & George Galster & Nandita Verma, 2014. "Home Foreclosures and Neighborhood Crime Dynamics," Housing Studies, Taylor & Francis Journals, vol. 29(3), pages 380-406, April.
    • Handle: RePEc:taf:chosxx:v:29:y:2014:i:3:p:380-406
    DOI: 10.1080/02673037.2013.803041
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    Cited by:

    1. Spader, Jonathan & Schuetz, Jenny & Cortes, Alvaro, 2016. "Fewer vacants, fewer crimes? Impacts of neighborhood revitalization policies on crime," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 73-84.
    2. Gutiérrez Palomero, Aaron & Arauzo Carod, Josep Maria, 2018. "Spatial Analysis of Clustering of Foreclosures in the Poorest-Quality Housing Urban Areas: Evidence from Catalan Cities," Working Papers 2072/306549, Universitat Rovira i Virgili, Department of Economics.
    3. Shawnita Sealy-Jefferson & Dawn P. Misra, 2019. "Neighborhood Tax Foreclosures, Educational Attainment, and Preterm Birth among Urban African American Women," IJERPH, MDPI, vol. 16(6), pages 1-13, March.

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