Does greening generate exclusive residential real estate development? Contrasting experiences from North America and Europe

Image credit: Anguelovski et al. (2024)

Abstract

With the branding of a city as green increasingly serving to amplify attractiveness andinvestment while also contributing to patterns of green gentrification, the incentive to link real estate development and green space is growing. Yet, little is known about the extent to which this incentive has generated a spatial relationship between green space and newly constructed housing at the city-wide level and in ways that can be compared between cities. This gap in knowledge makes it difficult to precisely indicate the implications for housing rights, affordability, and broader goals of urban green justice. In response, this study explores quantitative trends in 26 mid-sized North American and European cities, utilizing greening and real estate data from the last three decades. Results show that greening becomes a more significant driver of development over time and operates to attract development in a growing number of cities, although more so in US cities. Next, in order to contextualize the quantitative results, we employ qualitative field data gathered through field work in Atlanta and Amsterdam..

Publication
Urban Forestry & Urban Greening
Joaquín Martínez-Minaya
Joaquín Martínez-Minaya
Associate Professor in Statistics and Optimization

My research interests include Spatio-temporal Bayesian models using INLA and Stan, and Compositional Data methods