One strike, you're out: the residue of state deregulatory experiments and neoliberal era criminals in a faded Texas boomtown

Andrew H. Whittemore

Planning Perspectives, 2016, vol. 31, issue 1, 83-101

Abstract: Both the savings and loans (S&L) crisis of the late 1980s and the more recent subprime mortgage crisis left physical residues in the built landscape of American cities. With the crises, communities that had been the sites of speculative growth became sites of vacant properties, foreclosed properties, unimproved subdivisions, and razed structures. This paper considers the legacy of one such episode of urban development preceding the S&L crisis along Interstate 30 Garland, Texas, where criminals took advantage of deregulation and lax local planning policies to hastily construct a condominium glut. The central argument of the paper is that regional policies fostering outward growth coupled with federal policies stimulating extreme boom and bust cycles have created brief periods in which American Sunbelt communities experience growth pressures, which harnessed incorrectly have created the danger of a ‘one strike, you're out’ scenario: a single chance to succeed or fail. Video abstract Read the transcript Watch the video on Vimeo

Date: 2016
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/02665433.2015.1032336 (text/html)
Access to full text is restricted to subscribers.

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:taf:rppexx:v:31:y:2016:i:1:p:83-101

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rppe20

DOI: 10.1080/02665433.2015.1032336

Access Statistics for this article

Planning Perspectives is currently edited by Michael Hebbert

More articles in Planning Perspectives from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().