Spatially concentrated renovation activity and housing appreciation in the city of Milwaukee, Wisconsin

Wilson, Bev; Kashem, Shakil Bin

doi:10.1080/07352166.2017.1305766

Cited by 14 publications

(15 citation statements)

References 63 publications

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“… 28. This recommendation echoes that advanced earlier by the US Government Accounting (now: Accountability) Office 2005 and numerous scholars: Thomson (2008, 2011), Accordino and Fasulo (2013), Wilson and Kashem (2017). …”

supporting

confidence: 73%

Nonlinear and Threshold Effects Related to Neighborhood: Implications for Planning and Policy

Galster

2018

Journal of Planning Literature

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Nonlinear and threshold relationships are commonly manifested in neighborhoods, both relating to effects of neighborhoods on residents and causes of neighborhood changes arising from individual mobility and housing investment decisions. These relationships are generated by amalgam of often reinforcing processes related to socialization, gaming, tolerance, contagion, and tolerance. The existence of nonlinear and threshold effects holds powerful implications for planners. Scarce public investment resources must be spatially concentrated, so that they exceed property owners’ reinvestment thresholds. Poverty deconcentration strategies must seek to replace neighborhoods exceeding 40 percent poverty rates with those that have low (less than 15 percent) poverty rates.

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supporting

confidence: 73%

Nonlinear and Threshold Effects Related to Neighborhood: Implications for Planning and Policy

Galster

2018

Journal of Planning Literature

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“…These four attributes" conditions are coincidentally controlled by a homeowner or house builder who may more practically change their affordability than other social or locational attributes. A resident may utilize their own labour, skills, and materials for more affordable exterior and interior home renovations (Wilson & Kashem, 2017). Mismatched attributes" levels may initially be tolerated for house type and size, and basement condition and home renovations, if the losses of utility can be reduced by a future addition or improvements, respectively.…”

Section: Discussionmentioning

confidence: 99%

(Un-)affordability of Homes From a Resident’s Point of View in Two Mid-Sized Canadian Cities 30 Years Apart

Phipps¹

2022

RWE

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A new theoretical criterion of housing affordability is defined as a mismatch between where a resident likes to live if preferences are unconstrained, and where they can afford to live if preferences are budget constrained. This study theorizes and quantifies the compensatory amounts of money to be spent to reduce these mismatches by acquiring unconstrained most preferred attributes’ levels of homes. Compensatory amounts are quantified with the predicted implicit prices of almost 3,000 sold single-detached(-like) homes in each of two mid-sized Canadian cities. The analysis predicts approximately one-half of up to 74 respondents in each city in 1987 and 2020 will experience a residential mismatch if they choose their budget-constrained most preferred home. Unaffordable compensatory expenditures are especially predicted for non-managerial or professional workers if they want to afford their unconstrained most preferred attributes’ levels of house type and size, house age and exterior finish, basement condition and home renovations, and lot size and garage. Moreover, average predicted compensatory expenditures exceed loans or grants in four past and current public policies in Canada for subsidizing prices of these four attributes or increasing the wealth of homebuyers.

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“…Yet, most of these studies focus narrowly on projectspecific scopes and fail to elucidate the broader impacts on surrounding areas. Some scholars realized this in their studies, whereas they only focus on one specific type of building/neighborhood, such as industrial buildings, shanty towns, and historical sites in different backgrounds [20][21][22]. That is to say, there remains no scholarly consensus on the correlation between external effects and intrinsic features of urban regeneration.…”

Section: Introductionmentioning

confidence: 99%

Positive or Negative: The Heterogeneities in the Effects of Urban Regeneration on Surrounding Economic Vitality—From the Perspective of Housing Price

Yuan,

2024

Land

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Urban regeneration is a sound, sustainable urban development strategy globally. In China, promoting urban regeneration has become the national sustainable urban strategy. Under the resource constraint, it is necessary to understand what benefits different types of urban regeneration projects can contribute to urban development. Much research has contributed to evaluating the benefits of urban regeneration on the project scale. The systematic investigation of their effects on surrounding economic vitality, especially the comparison between different types of projects, is relatively downplayed. This paper aims to evaluate and compare the effects of urban regeneration projects on surrounding economic vitality by calculating the change in housing prices. Chongqing is selected as the case city. Based on the housing transaction data from 2015 to 2021, a staggered difference-in-difference method is employed to capture the results. The finding shows that the overall effects are significantly negative, especially within a 400–800 m radius. Higher investment or better project location relates to stronger negative effects. Moreover, the differences in effects among the three types of urban regeneration projects are clearly revealed from diverse perspectives. It provides a valuable reference for policymakers and urban planners to make urban regeneration planning better by considering comprehensive benefits.

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Spatially concentrated renovation activity and housing appreciation in the city of Milwaukee, Wisconsin

Cited by 14 publications

References 63 publications

Nonlinear and Threshold Effects Related to Neighborhood: Implications for Planning and Policy

Nonlinear and Threshold Effects Related to Neighborhood: Implications for Planning and Policy

(Un-)affordability of Homes From a Resident’s Point of View in Two Mid-Sized Canadian Cities 30 Years Apart

Positive or Negative: The Heterogeneities in the Effects of Urban Regeneration on Surrounding Economic Vitality—From the Perspective of Housing Price

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