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causal effects of gentrification, which is often accompanied by increased property values, on homeowners' tax payment … behavior and residential mobility. The analysis, based on a difference-in-differences framework, suggests that gentrification …-term homeowners help mitigate the risk of tax delinquencies and displacement. Findings from this study help researchers, policymakers …
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Provided there are positive external benefits attached to the historic character of buildings, owners of properties in designated conservation areas benefit from a reduction in uncertainty regarding the future of their area. At the same time, the restrictions put in place to ensure the...
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