A win-win situation? Urban regeneration and the paradox of homeowner displacement

Yinnon Geva and Gillad Rosen
Additional contact information
Yinnon Geva: Department of Geography, 26742Hebrew University of Jerusalem, Israel
Gillad Rosen: Department of Geography, 26742Hebrew University of Jerusalem, Israel

Environment and Planning A, 2022, vol. 54, issue 1, 67-83

Abstract: This paper examines urban regeneration outcomes for homeowners through a mixed-methods analysis of population change in six redevelopment sites. Israel's national urban regeneration policy presents itself as a ‘win-win’ mechanism, claiming that it mitigates displacement. This claim is tested and discussed through the theoretical lens of state-led gentrification and displacement. The Israeli program relies on contractual agreements between private homeowners and developers and provides homeowners with newly built high-rise condominium units. Consequently, homeowners can choose how to capitalize on their new property – whether to inhabit, let or sell. We argue that their choice reflects the preferences and varied capabilities of owners. While homeowners are relatively protected from direct displacement, the variance in owner capabilities may lead to economic pressures that chiefly impact vulnerable low-income owners. We suggest that the Israeli model of sharing the benefits from housing commodification glosses over the capability gap and frames potential displacement pressures as market choice features.

Keywords: Displacement; homeownership; urban regeneration; capitalization; israel (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0308518X211050079 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:54:y:2022:i:1:p:67-83

DOI: 10.1177/0308518X211050079

Access Statistics for this article

More articles in Environment and Planning A
Bibliographic data for series maintained by SAGE Publications ().