Journal ArticleDOI
The Urban-Suburban Investment-Disinvestment Process: Consequences for Older Neighborhoods
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TLDR
The pattern of suburban growth and decline of older neighborhoods within metropolitan areas is often seen as inevitable, but these processes are shaped, in a significant way, by a relatively small number of private sector actors, including institutional investors, developers and mortgage bankers.Abstract:
The pattern of suburban growth and decline of older neighborhoods within metropolitan areas is often seen as inevitable. However, these processes are shaped, in a significant way, by a relatively small number of private sector actors, including institutional investors, developers and mortgage bankers. Because of their ideologies and their perception of the economic realities, these interests invest increasingly in large scale developments on the suburban fringe and choose not to invest in older urban and suburban neighborhoods. These investment decisions have significant negative impacts on these older, middle class neighborhoods which are struggling to remain viable. With the withdrawal of these traditional sources of real estate investment capital, such neighborhoods face a concentration of foreclosures and abandonment of housing. Because these investment decisions are so important to the future of older neighborhoods, it is appropriate that there be public intervention to assure that there is an adequa...read more
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Toward a Theory of Gentrification A Back to the City Movement by Capital, not People
TL;DR: The authors showed that the economic depreciation of capital invested in nineteenth century inner-city neighborhoods and the simultaneous rise in potential ground rent levels produces the possibility of profitable redevelopment, which is an expected product of the relatively unhampered operation of the land and housing markets.
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Fear of Crime and Neighborhood Change
TL;DR: In this article, the authors show that crime rates and the quality of life do not necessarily change in direct response to changes in the physical and social characteristics of neighborhoods, but rather, they are influenced by indirect factors such as neighborhood disinvestment, demolition and construction activities, demagoguery, and deindustrialization.
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Gentrification and Uneven Development
TL;DR: In this article, a debate is emerging over whether gentrification and urban redevelopment are temporary, ephemeral processes or only the beginning of a long-term restructuring of urban space.
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Segregation and Crime: The Effect of Black Social Isolation on the Rates of Black Urban Violence
Edward S. Shihadeh,Nicole Flynn +1 more
TL;DR: In this article, the authors present un certain nombre de donnees collectees, en 1990, concernant la criminalite aux Etats-Unis, examinent l'influence de la segregation residentielle and de l'isolement social dont est victime cette communaute.
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American home: predatory mortgage capital and neighbourhood spaces of race and class exploitation in the united states
TL;DR: In this paper, a mixed-methods approach is used to evaluate the rationale for judging particular subprime practices and lenders as predatory, and trace the connections bet... and provide econometric measures of subprime racial targeting and disparate impact that cannot be blamed on the supposed deficiencies of borrowers.