Displacing New York

  title={Displacing New York},
  author={Elvin K. Wyly and Kathe Newman and Alex Schafran and Elizabeth Lee},
  journal={Environment and Planning A},
  pages={2602 - 2623}
The capitalization of urban property markets intensifies the contradictions between housing as use-value affordability versus exchange-value asset accumulation, and exacerbates displacement pressures. Policies designed to deal with these contradictions—public housing and rent regulations—allow some low-income renters to resist displacement, particularly in gentrifying neighborhoods. Unfortunately, the resulting empirical configuration has been interpreted in ways that cast doubt on the extent… 

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