Green investment strategies: a positive force in cities

Susan M. Wachter (), Kevin C. Gillen and Carolyn R. Brown

Communities and Banking, 2008, issue Spr, pages 24-27

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.

Keywords: Community; development (search for similar items in EconPapers)
Date: 2008

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Persistent link: http://EconPapers.repec.org/RePEc:fip:fedbcb:y:2008:i:spr:p:24-27

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