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Green investment strategies: a positive force in cities

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Author Info
Susan M. Wachter
Kevin C. Gillen
Carolyn R. Brown

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Abstract

Deterioration of urban neighborhoods is known to induce out migration, but how well do public investments to reverse decline actually work? To evaluate Philadelphia’s greening investment, researchers measured property buyers’ willingness to pay more—and found that greening works.

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File URL: http://www.bos.frb.org/commdev/c&b/2008/spring/Wachter_greening.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Boston in its journal Communities and Banking.

Volume (Year): (2008)
Issue (Month): Spr ()
Pages: 24-27
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Handle: RePEc:fip:fedbcb:y:2008:i:spr:p:24-27

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Related research
Keywords: Community development;

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This page was last updated on 2009-12-12.

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