Since the housing market collapse, banks have repossessed large numbers of homes. These REO or real estate owned properties are often vacant and rundown and can lower the values of nearby residences. While research confirms this spillover effect of REOs on other properties, few studies have evaluated its relative magnitude in different neighborhoods. DeVoe Moore … Continue reading New Study Examines Spillover Effects of Real Estate Owned Properties
Foreclosed Properties Sold to Homeowners Stabilize Property Values
The collapse of the housing market led to an increase in the number of foreclosed residences, with ownership of many reverting to the banks. These are referred to as REO (real estate owned) properties. Recent research concludes the presence of REOs in a neighborhood can lower the property values of nearby homes, but these studies … Continue reading Foreclosed Properties Sold to Homeowners Stabilize Property Values
Transit Reform in Santiago: Part II
Original post date: October 22, 2013 Article by: Ben Douglas 5/16/2023 Edits: Some links that were no longer working have been fixed. The success of any endeavor is dependent upon the metric being used. If the goal of transit reform in Santiago, Chile was the elimination of profit from transit and the homogenization of bus … Continue reading Transit Reform in Santiago: Part II
Transit Reform in Santiago
Original post date: October 18, 2013 Article by: Ben Douglas 5/16/2023 Edits: Some links that were no longer working have been fixed. In 2007, Chile’s center-left ruling government coalition eliminated most private provision of transit, citing the need to eliminate profit and reduce the diversity of services offered to the traveling public in the capital … Continue reading Transit Reform in Santiago
Why Illegal Drug Money Doesn’t Promote Economic Development
Original post date: August 21, 2013 Article by: Sam Staley 5/10/2023 Edits: Some links that were no longer working have been fixed. Sandra Avila Beltran, the woman he reached the pinnacle of the Colombian-Mexican drug cartel as the "Queen of the Pacific," has been extradited back to Mexico. Her tale is a complicated one, and … Continue reading Why Illegal Drug Money Doesn’t Promote Economic Development
Buildings Don’t Create Permanent Jobs
Original post date: March 22, 2013 Article by: Sam Staley 5/8/2023 Edits: Some links that were no longer compatible have been fixed. Gaines Street is the "it" place for Tallahassee's economic redevelopment initiatives, skirting the northern edge of the southern border of the Frenchtown/Southside Community Redevelopment Area. With large new projects going up along the … Continue reading Buildings Don’t Create Permanent Jobs