Gentrification and the decision to renovate or teardown

  • Henry J. Munneke, Kiplan S. Womack
  • Published 2013

Abstract

Within the neighborhood renewal process, property owners and investors attempt to reverse the decline in the quality of the housing stock and/or correct market obsolescence through redevelopment. However, since the existing improvements can be either redeveloped in part (renovations) or in whole (teardowns), a choice must be made between these two processes… (More)

6 Figures and Tables