Building the Eviction Economy: Speculation, Precarity, and Eviction in Detroit

Autor:	Joshua Akers, Eric Seymour
Rok vydání:	2019
Předmět:	Urban Studies Precarity Eviction Sociology and Political Science Political science Political economy Foreclosure Speculation
Zdroj:	Urban Affairs Review. 57:35-69
ISSN:	1552-8332 1078-0874
DOI:	10.1177/1078087419853388
Popis:	Evictions have recently gained attention as a problem affecting millions of households worldwide. This study contributes to knowledge on the conditions leading to housing insecurity and evictions by examining the role of foreclosure markets in feeding portfolios of slum landlords and contract sellers in Detroit’s single-family residential neighborhoods. Leveraging data from tax foreclosure auctions and eviction filings from 2005 to 2017, we link foreclosure sales to subsequent eviction cases and estimate the neighborhood-level impact of prior year tax sales on current year evictions. We separately examine the acquisition size and eviction rate of major individual auction buyers. These findings shed light on the contemporary construction of eviction economies in distressed cities through foreclosure markets and investors’ methods for profiting from the constrained housing options of low-income and credit-impaired households.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c8b7eafdee52db3705ddd52463e1212c https://doi.org/10.1177/1078087419853388 Zobrazit plný text záznamu