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Blessing or curse? Appreciation, amenities and resistance to urban renewal

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  • Ahlfeldt, Gabriel M.

Abstract

This article investigates the 2008 referendum held in opposition against the "Mediaspree", a major urban development project in Berlin that has been perceived as a threat of displacement of local residents and culture. Using precinct level data we find a high degree of localized resistance around the project area, conditional on socio-demographic characteristics. A comparison to local appreciation rates shows that in an environment of very low owner occupancy public (re)development projects are opposed the more residents associate them to an increase in area valuation. This effect is, however, not strong enough to explain the localized resistance. Considering a micro-level data set on music nodes, our results suggest that this effect is instead attributable to a feared loss of specific cultural amenities and neighborhood character.

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Bibliographic Info

Article provided by Elsevier in its journal Regional Science and Urban Economics.

Volume (Year): 41 (2011)
Issue (Month): 1 (January)
Pages: 32-45

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Handle: RePEc:eee:regeco:v:41:y:2011:i:1:p:32-45

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Related research

Keywords: Cultural amenities Displacement pressure Hedonic modeling Mediaspree Urban development;

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Citations

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Cited by:
  1. Gabriel Ahlfeldt & Wolfgang Maennig & Felix J. Richter, 2013. "Urban Renewal after the Berlin Wall," CESifo Working Paper Series 4506, CESifo Group Munich.
  2. Ahlfeldt, Gabriel M. & Georgios, Kavetsos, 2010. "Form or Function? The Impact of New Football Stadia on Property Prices in London," MPRA Paper 25003, University Library of Munich, Germany.
  3. Kristoffer Moeller, 2013. "Culturally clustered or in the cloud? Location of internet start-ups in Berlin," ERSA conference papers ersa13p455, European Regional Science Association.
  4. Gabriel Ahlfeldt & Kristoffer Möller & Sevrin Waights & Nicolai Wendland, 2012. "On prisoner's dilemmas and gilded cages: The economics of heritage preservation," ERSA conference papers ersa12p783, European Regional Science Association.
  5. Feddersen, Arne & Maennig, Wolfgang, 2012. "Sectoral labour market effects of the 2006 FIFA World Cup," Labour Economics, Elsevier, vol. 19(6), pages 860-869.
  6. Gabriel M. Ahlfeldt & Wolfgang Maennig, 2013. "Homevoters vs. leasevoters: a spatial analysis of airport effects," Working Papers 2013/15, Institut d'Economia de Barcelona (IEB).
  7. Christian A. L. Hilber, 2011. "The Economics Implications of House Price Capitalization A Survey of an Emerging Literature," SERC Discussion Papers 0091, Spatial Economics Research Centre, LSE.

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