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

Yinnon Geva*, Gillad Rosen

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

11 Scopus citations

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.

Original languageAmerican English
Pages (from-to)67-83
Number of pages17
JournalEnvironment and Planning A
Volume54
Issue number1
DOIs
StatePublished - Feb 2022

Bibliographical note

Publisher Copyright:
© The Author(s) 2021.

Keywords

  • Displacement
  • capitalization
  • homeownership
  • israel
  • urban regeneration

Fingerprint

Dive into the research topics of 'A win-win situation? Urban regeneration and the paradox of homeowner displacement'. Together they form a unique fingerprint.

Cite this