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La valeur du vide : délaissement résidentiel et acteurs de marché dans la fabrique urbaine

Abstract : Although the 2008 financial crisis drew media attention to the increase in vacant housing due to foreclosure, housing vacancy has been a long-standing issue in U.S. cities from the Rust Belt, as well as most southern cities. Vacancy and abandonment thus represent symptoms of neighborhood decline which intersect inequalities of race and class. As urban cores are increasingly gentrifying, what are the underlying processes which explain the persistence of dilapidated neighborhoods in inner-cities ? Drawing from Chicago and Houston as case studies, this thesis intends to demonstrate how the local geopolitics of abandonment shape urban change. In dilapidated neighborhoods, decline is not the mere product of the imbalance of supply and demand. The inertia surrounding abandoned properties derives from a complex set of interactions between owners, investors, residents, local organizations and institutions involved in the management of vacancy, operating in a constraining legal framework. Far from being completely neglected, dilapidated neighborhoods attract speculation from investors targeting distressed real estate who develop strategies to extract value from depreciated settings. Finally, the management of abandonment by local governments engaged in a framework of austerity intensifies inequalities at multiple scales and justifies an entrepreneurial approach to the production of urban space.
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Contributor : Florence Nussbaum <>
Submitted on : Monday, February 3, 2020 - 5:26:36 PM
Last modification on : Saturday, October 24, 2020 - 3:43:32 AM
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Florence Nussbaum. La valeur du vide : délaissement résidentiel et acteurs de marché dans la fabrique urbaine. Géographie. Université de Paris, 2019. Français. ⟨tel-02465235⟩



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