Suburban Growth and Municipal Annexation in Baltimore, 1745–1918

Arnold, Joseph L.

doi:10.4324/9781315050416-23

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2021

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“…Overall, the geographic pattern of settlement grew significantly from 1880 to 1953, given the impact of streetcars and then automobiles. The inclusion of suburban housing into Baltimore City is the result of repeated annexation of surrounding areas in response to the need for municipal services, including twice in the period under study in 1888 and 1918 (Arnold, 1978). Figure 1 shows the geographic expansion of the city boundary, overlaid on the 1937 HOLC map for reference to the pattern of settlement at that date, and dots indicating the location of the sampled blocks.…”

Section: Datamentioning

confidence: 99%

Reassessing the magnitude of housing price declines and the use of leverage in the Depressions of the 1890s and 1930s

Rose

2021

Real Estate Economics

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This paper presents the first repeat sales index for residential housing in any U.S. city spanning the late 19th and early 20th centuries, covering Baltimore from 1880 to 1953. Compared to previous data, the index shows larger declines in housing prices during the Depressions of the 1890s and 1930s. I also find higher leverage entering into those periods than previously understood. I conclude that negative equity in the 1930s was a bigger problem than implied by existing data, rationalizing the extent of foreclosures that occurred.

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Section: Datamentioning

confidence: 99%