Urban Geography: Vol. Neil Smith. Search for more papers by this author. (1988). Neil Smith and Peter Williams, editors. I asked CUNY Professor Neil Smith for a quick lesson in his area of expertise: gentrification in New York City. 4, pp. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Please try again.There was an error retrieving your Wish Lists. Smith was born in 1954 in Leith, Scotland. Smith earned his 1st class BSc from the University of St. Andrews in 1977, and his PhD from Johns Hopkins University in 1982, where his advisor was noted Marxist geographer David Harvey. The prevailing 1970s literature, he argued, prioritized individual consumption patterns, changing middle-class lifestyles, and rising construction costs as catalysts for gentrification.But Smith saw this explanation as reductive of cultural preferences and blind to the part of the housing market, including real estate developers, government agencies, landlords and others in the quest for capital: “to explain gentrification according to the gentrifier’s actions alone, while ignoring the role of builders, developers, landlords, mortgage lenders, government agencies, real estate agencies is excessively narrow,” he wrote.His theory, instead, considered how capital flows in and out of neighborhoods, how financial investments in pursuit of long-term profits created incentives for the redevelopment of certain pockets of a city.Illuminating why some areas redevelop and others do not — a question that continues to perplex planners today — Smith suggested the answer lay between the capitalized ground rent and the potential ground rent in depreciated areas. Neil Smith… Gentrification of the City Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. Journal of the American Planning Association: Vol. It also analyzes reviews to verify trustworthiness.Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books.Your recently viewed items and featured recommendations,Select the department you want to search in.This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The wider the gap, the more the area is positioned for redevelopment:“Gentrification occurs when the gap is wide enough that developers can purchase shells cheaply, can pay the builders’ costs and profit for rehabilitation, can pay interest on mortgage and construction loans, and can then sell the end product for a sale price that leaves a satisfactory return to the developer.”.As suburbanization continued and properties within the city depreciated in value, developers stood to profit from redeveloping these properties; thus, capital would flow from the suburbs back into the city.He acknowledges that Smith’s account is not comprehensive: “Many today would argue that his analysis of 'potential rent' needlessly downplayed the immense cultural shifts occurring in the 1960s and 1970s and how those pushed the potential rent curve upward. Tue 23 Oct 2012 06.26 EDT. In 1979, Neil Smith — future professor of geography and anthropology, and a young PhD candidate studying under David Harvey — reconsidered the very foundations of gentrification, elucidating the cyclical flow of capital that continues to reshape city centers today.Smith began by challenging notions of gentrification rooted in neoclassical economics. 9, No. 538-548. Gentrification of the City [Smith, Neil, Williams, Peter] on Amazon.com. Toward a Theory of Gentrification A Back to the City Movement by Capital, not People. The 13-digit and 10-digit formats both work.Use the Amazon App to scan ISBNs and compare prices.Unable to add item to List. Neil Smith is professor of Geography and acting Director of the Center for the Critical Analysis of Contemporary Culture. 442-444. *FREE* shipping on qualifying offers. Such shifts, particularly in terms of racial replacement and community erasure, are too often treated as epiphenomenal and dismissed as 'ideological' by Marxist scholars.”.But Professor Heathcott maintains the enduring value of Smith’s theory.“The rent gap thesis remains a powerful explanatory framework, so much so that if one wants to become well-read in the theory of gentrification, Smith remains the point of departure.”.Margaret Haltom is a Master in Urban Planning student at the Harvard Graduate School of Design.Hazard Mitigation and Disaster Recovery Planning Division,Regional and Intergovernmental Planning Division,Membership for Allied Professionals & Citizens,National Community Planning Month Overview,City Planning and Management Division Overview,Environment, Natural Resources and Energy Division,Hazard Mitigation and Disaster Recovery Planning Division Overview,Housing and Community Development Division,Planning and the Black Community Division,Regional and Intergovernmental Planning Division Overview,Small Town and Rural Planning Division Overview,Sustainable Communities Division Overview,Toward a Theory of Gentrification: A Back to the City Movement by Capital, not People.

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