Razing San Francisco : The 1906 Disaster as a Natural Experiment in Understanding Urban Land Use

  • Jim Siodla
  • Published 2012

Abstract

Natural disasters that destroy urban areas leave opportunities to adapt a city’s environment to contemporary needs. Since the durability of real estate inhibits cities from easily adapting to changing economic conditions, non-optimal land use patterns may emerge and persist over time. This outcome implies that path dependence in durable capital may be a… (More)

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