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A Historical Assessment of Home Buyout Policy: Are We Learning or Just Failing?

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  • Alex Greer
  • Sherri Brokopp Binder

Abstract

Households face many difficult decisions after a disaster, including decisions about whether to rebuild their homes or relocate to a new area. These decisions are bounded by federal housing recovery policy and the ways it is interpreted and applied. In this article, we examine the use of home buyout programs as housing recovery policy tools and assess buyout policy using policy learning theory. According to policy learning theory, policies should evolve and improve over time. Instead, a historical review of buyouts implemented in the United States suggests that policy learning related to buyouts has been, at best, limited. Rather than showing evidence of learning from one iteration to the next, individual buyout programs continue to reflect unique objectives and features, lacking evidence of an iterative process. We propose a novel typology for organizing buyout programs and conclude by exploring implications of this finding and offering recommendations for moving forward.

Suggested Citation

  • Alex Greer & Sherri Brokopp Binder, 2017. "A Historical Assessment of Home Buyout Policy: Are We Learning or Just Failing?," Housing Policy Debate, Taylor & Francis Journals, vol. 27(3), pages 372-392, May.
    • Handle: RePEc:taf:houspd:v:27:y:2017:i:3:p:372-392
    DOI: 10.1080/10511482.2016.1245209
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    Citations

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    Cited by:

    1. Linda Shi & Anjali Fisher & Rebecca M. Brenner & Amelia Greiner-Safi & Christine Shepard & Jamie Vanucchi, 2022. "Equitable buyouts? Learning from state, county, and local floodplain management programs," Climatic Change, Springer, vol. 174(3), pages 1-20, October.
    2. Caroline M. Kraan & Miyuki Hino & Jennifer Niemann & A. R. Siders & Katharine J. Mach, 2021. "Promoting equity in retreat through voluntary property buyout programs," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 11(3), pages 481-492, September.
    3. Eugene Frimpong & Jamie Kruse & Gregory Howard & Rachel Davidson & Joseph Trainor & Linda Nozick, 2019. "Measuring Heterogeneous Price Effects for Home Acquisition Programs in At‐Risk Regions," Southern Economic Journal, John Wiley & Sons, vol. 85(4), pages 1108-1131, April.
    4. Nori Tarui & Seth Urbanski & Quang Loc Lam & Makena Coffman & Conrad Newfield, 2023. "Sea level rise risk interactions with coastal property values: a case study of O‘ahu, Hawai‘i," Climatic Change, Springer, vol. 176(9), pages 1-21, September.
    5. Shaieree Cottar & Brent Doberstein & Daniel Henstra & Johanna Wandel, 2021. "Evaluating property buyouts and disaster recovery assistance (Rebuild) options in Canada: A comparative analysis of Constance Bay, Ontario and Pointe Gatineau, Quebec," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 109(1), pages 201-220, October.
    6. Gavin Smith & Wendy Saunders & Olivia Vila & Samata Gyawali & Samiksha Bhattarai & Eliza Lawdley, 2021. "A comparative analysis of hazard-prone housing acquisition programs in US and New Zealand communities," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 11(3), pages 392-403, September.
    7. Amanda Whittemore Martin & Mai Thi Nguyen, 2021. "Neighborhood change during managed retreat: buyouts, housing loss, and White flight," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 11(3), pages 434-450, September.
    8. Curran-Groome, William & Hino, Miyuki & BenDor, Todd K. & Salvesen, David, 2022. "Complexities and costs of floodplain buyout implementation," Land Use Policy, Elsevier, vol. 118(C).
    9. William Curran-Groome & Hallee Haygood & Miyuki Hino & Todd K. BenDor & David Salvesen, 2021. "Assessing the full costs of floodplain buyouts," Climatic Change, Springer, vol. 168(1), pages 1-23, September.
    10. Nora Louise Schwaller & Leah Campbell & Mai Thi Nguyen & Gavin Smith, 2022. "(Mis)trusting the process: how post-disaster home buyout processes can degrade public trust," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 111(3), pages 2681-2702, April.
    11. John P. Barile & Sherri Brokopp Binder & Charlene K. Baker, 2020. "Recovering after a Natural Disaster: Differences in Quality of Life across Three Communities after Hurricane Sandy," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 15(4), pages 1151-1159, September.
    12. Elyse Zavar & Sherri Brokopp Binder & Alex Greer & Amber Breaux, 2023. "Using the past to understand future property acquisitions: an examination of historic voluntary and mandatory household relocations," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 116(2), pages 1973-1993, March.
    13. Stephanie Zarb & Kristin Taylor, 2023. "Uneven local implementation of federal policy after disaster: Policy conflict and goal ambiguity," Review of Policy Research, Policy Studies Organization, vol. 40(1), pages 63-87, January.
    14. Landry, Craig & Syphers, Steven & Keeler, Andrew, 2022. "Preferences for Post-storm Coastal Adaptation," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322385, Agricultural and Applied Economics Association.

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