The objective of this paper is to show how the same market failures that contribute to urban sprawl also contribute to urban blight. The paper develops a simple dynamic model in which new suburban and older central-city properties compete for mobile residents. The level of housing services...

The objective of this paper is to show how the same market failures that contribute to urban sprawl also contribute to urban blight. The paper develops a simple dynamic model in which new suburban and older central-city properties compete for mobile residents. The level of housing services...

While an ever-growing percentage of the world’s population is urban, the rate at which cities grow is not uniform. The lifetime of individual cities includes periods of fast growth, slow growth and periods of shrinkage. There exists an extensive literature concerned with possible means to...

Die Wohnungsmärkte ostdeutscher Städte befinden sich seit 1990 in einer gravierenden Umbruchsituation. In der ostdeutschen Gesellschaft fanden horizontale und soziale Ausdifferenzierungsprozesse statt. Die Potenziale für Wohnstandortentscheidungen in den Wohnungsmärkten ostdeutscher Städten...