Name
Abstract | ||
|---|---|---|
We present a stylised agent-based model of housing investment based on the rent gap theory proposed by the late Neil Smith. We couple Smith's supply-side approach to investment, with individual-level residential mobility within a city. The model explores the impact of varying levels of capital flowing in the city and reproduces certain theorised and observed dynamics emerging from the cyclic nature of investment: the tendency of capital to spatially concentrate generating intra-urban inequalities, the occasional formation of persistent pockets of disinvestment and phenomena such as gentrification. |
Year | DOI | Venue |
|---|---|---|
2014 | 10.1007/978-3-319-14627-0_15 | Lecture Notes in Artificial Intelligence |
Field | DocType | Volume |
Disinvestment,Simulation,Inequality,Gentrification,Geography | Conference | 9002 |
ISSN | Citations | PageRank |
0302-9743 | 1 | 0.48 |
References | Authors | |
2 | 3 | |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Stefano Picascia | 1 | 1 | 0.82 |
| Bruce Edmonds | 2 | 35 | 5.41 |
| Alison J. Heppenstall | 3 | 74 | 12.03 |