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Rays of Research on Real Estate Development by Jaime Luque

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CHAPTER 13

Reinvestment in the Housing Stock

In collaboration with Steven Quinn and Tian Zhan

Imagine holding a steady, quality manufacturing job for many years in one of America’s many traditional industrial cities such as Detroit, Buffalo, or Cleveland. You are raising a family in a modest urban home in this city when suddenly the job you have depended on for your whole career no longer exists. And you are not alone in this situation as thousands of other workers are facing the same difficult circumstances. Faced with limited job prospects staying in the city or the possibility that exists outside of it, many families choose to relocate in hopes of finding work. This shift in the population of many urban cities has served as a strong negative ...

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