The Impact of Single-family Mortgage Foreclosures on Neighborhood Crime

By Dan Immergluck, Geoff Smith. 2006

364 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/64aeb0210156d379defbf50ddca03971e7f7a477

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. John Y. Campbell
2. Dan Immergluck
3. P. Willen
4. Kristopher Gerardi
5. M. Stegman
6. W. R. Davis
7. Roberto G. Quercia
8. A. Shapiro

In Finance

1. John Y. Campbell
2. Dan Immergluck
3. P. Willen
4. Kristopher Gerardi
5. A. Shapiro
6. M. Stegman
7. W. R. Davis
8. Roberto G. Quercia

In Sociology and Political Science

1. John Y. Campbell
2. Kristopher Gerardi
3. P. Willen
4. A. Shapiro
5. M. Stegman
6. W. R. Davis
7. Roberto G. Quercia
8. J. Edwards

Citations in the corpus

• The external costs of foreclosure: The impact of single‐family mortgage foreclosures on property values (2006, background): “In examining the relationship between neighborhood foreclosures and crime, Immergluck and Smith (2006) find that higher levels of foreclosures do contribute to higher levels of violent crime, although the results for property crime are not statistically significant.”
• Foreclosure, Vacancy and Crime (2014, neutral): “4 Examples are Gerardi et al. (2007) and Immergluck and Smith (2004, 2006).”
• The impact of predatory loan terms on subprime foreclosures: The special case of prepayment penalties and balloon payments (2007, methodology): “30 Also following Danis and Pennington-Cross (2004), we include the BLS’s (2007) state-level unemployment rate for the previous month to capture general economic conditions and trigger events like job loss (2007), the difference between the current month’s average prime interest rate (from Freddie M”
• Mortgage Market Design (2012, background): “Immergluck and Smith (2006) and Ellen et al. (2011) present direct evidence linking local criminal activity with foreclosures.3 Negative spillovers from foreclosures are particularly destructive in circumstances where house prices are already depressed, because then falling house prices readily…”
• Subprime outcomes: risky mortgages, homeownership experiences, and foreclosures (2007, methodology): “…and homelessness, and from the inability of the government to commit not to bail out reckless borrowers (the “costs ... born by everyone”).1 The 1Examples of studies that analyze negative social externalities of residential foreclosure include Immergluck and Smith (2006), and Apgar and Duda (2005).”