Items tagged with urban development:
News & Updates:
Faculty Affiliate Susan Wachter was featured on a panel of guests discussing the potential upsides of gentrification and models for how to make it beneficial for all parties. The panel argues that the most careful empirical analyses conducted by urban economists have failed to detect a rise in displacement within gentrifying neighborhoods.
Many young Americans leave home and never return. In particular, this trend can be seen in rural America. 1,350 counties “non-metro” counties have lost population since 2010. Since the mid 1990s, rural population growth has been significantly lower than urban areas. The movement of people has resulted in national economic growth, but there are consequences. Behind these numbers lie worrisome consequences.
Philadelphia officials are adding their voices to a bipartisan chorus of vexed state and city officials across the nation lambasting President Donald J. Trump’s $200 billion infrastructure spending proposal.
Trump says the plan will leverage an additional $1.3 trillion in state, local, and private investment, but experts say is little more than a legislative Big Dig — a loud, confusing mess. “It’s just bizarre. It’s a complete alternative reality,” says Faculty Affiliate Gilles Duranton. “These are just numbers that are being pulled out of thin air.”
On WNYC’s “The Takeaway,” Faculty Affiliate Vincent Reina weighed in on Carson’s leadership and the questions the secretary faces from lack of policy reforms to the purchase of a $31,000 dining set for his office.
Poor sections of Kensington/Allegheny, the Southwest, and North Philly experienced the most significant decrease in crime when the conditions of lots improved, said coauthor John MacDonald, a University of Pennsylvania professor of criminology and sociology.
Macdonald said the findings carry powerful implications for Philly and other cities struggling with abandonment and crime. The research quantifies the public health and safety payoff that comes when blighted lots are cleaned up.