"Recent years have witnessed widespread public concern and increased policy attention to issues of housing affordability. In 2015 a full one-half of U.S. households were paying more than 30 percent of their income in rent. We identify multiple channels by which individual or family outcomes are inferior when rents increase faster than income. Research further suggests that rising rent burdens may reduce the economic potential of metropolitan areas. This paper reviews the evidence on why affordability matters."
https://www.sciencedirect.com/science/article/pii/S016604621...
"We examine whether there is a significant effect of foreclosure on robbery and burglary across neighborhoods, and whether this varies systematically across cities. Specifically, we consider whether several city‐level attributes—overall foreclosure rates, levels of socioeconomic disadvantage and prior vacancy rates, the degree of recent new housing construction, housing affordability, and the quantity and quality of policing—moderate the relationship between neighborhood levels of foreclosure and crime."
https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6237....
Can't read the first one, but the second one focuses on foreclosure rates which seems more indicative of an economic shock rather than general low affordability.
Yes; it was a sub-5-minute google scholar search to potentially get someone started on what seems to exist in the field. I'm sure if one wanted more specialized information either someone on HN will know more than me or someone else can take more time to search more effectively.
"Recent years have witnessed widespread public concern and increased policy attention to issues of housing affordability. In 2015 a full one-half of U.S. households were paying more than 30 percent of their income in rent. We identify multiple channels by which individual or family outcomes are inferior when rents increase faster than income. Research further suggests that rising rent burdens may reduce the economic potential of metropolitan areas. This paper reviews the evidence on why affordability matters." https://www.sciencedirect.com/science/article/pii/S016604621...
"We examine whether there is a significant effect of foreclosure on robbery and burglary across neighborhoods, and whether this varies systematically across cities. Specifically, we consider whether several city‐level attributes—overall foreclosure rates, levels of socioeconomic disadvantage and prior vacancy rates, the degree of recent new housing construction, housing affordability, and the quantity and quality of policing—moderate the relationship between neighborhood levels of foreclosure and crime." https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6237....