Abstract
Numerous studies have discussed urban regeneration from the perspective of the displacement of long-time residents in disadvantaged communities. However, under certain circumstances, urban regeneration occurring on the outskirts of high-demand areas can enable middle-class and lower-class apartment owners to leverage their apartments as financial assets using various strategies. Relying on a qualitative study (n = 50) conducted in Bat Yam, a suburban city in Israel’s Tel Aviv metropolitan area, this article proposes conceiving of the social impact of urban regeneration as a new inequality in which the ownership structure and the approach to real estate constitute a major link.
Original language | English |
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Pages (from-to) | 547-569 |
Number of pages | 23 |
Journal | Journal of Urban Design |
Volume | 28 |
Issue number | 5 |
DOIs | |
State | Published - 2023 |
Keywords
- Displacement
- Israel
- class
- homeownership
- house price inflation
- urban regeneration
ASJC Scopus subject areas
- Geography, Planning and Development
- Arts and Humanities (miscellaneous)
- Urban Studies