Home Foreclosures and Neighborhood Crime Dynamics

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....

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Bibliographic Details
Published inHousing studies Vol. 29; no. 3; pp. 380 - 406
Main Authors Williams, Sonya, Galster, George, Verma, Nandita
Format Journal Article
LanguageEnglish
Published Harlow Routledge 01.04.2014
Taylor & Francis Ltd
Subjects
Causality
Chicago, Illinois
Crime
Foreclosure
Foreclosures
Granger causality
Houses
Illinois
Income
Modelling
Multidimensional analysis
multilevel growth models
Neighborhoods
Neighbourhoods
Property
Property crime
Property offences
U.S.A
Violent crime
Wisdom
United States > US
Chicago Illinois
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Summary: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.
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ISSN:0267-3037
1466-1810
DOI:10.1080/02673037.2013.803041