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- PublicationProperty-led Urban, Town and Rural Regeneration in Ireland: Positive and Perverse Outcomes in Different Spatial and Socio-economic ContextsIn the mid-1980s, fiscal incentives were introduced to encourage the construction and refurbishment of residential developments in declining inner-city districts in Ireland. These were abolished in 2006 but, during the intervening period, their focus was extended to include: large towns, small towns and a large rural region. Concurrently, the context for their implementation changed as an economic boom replaced prolonged economic stagnation. This article examines the changing design of these incentives, their outputs and their intended and unintended impacts. It argues that, initially they were successful in drawing development into declining neighbourhoods, but the extension of their lifespan and spatial focus created negative perverse impacts and deadweight costs for the exchequer. Thus it concludes that this regeneration strategy is useful for animating development in brownfield sites, where there is demand for housing but also barriers to its development. If applied to rural areas where housing demand is weaker, they can generate excess supply and limited benefits for public investment.
Scopus© Citations 12 649
- PublicationTwenty years of property-led urban regeneration in Ireland : outputs, impacts, implicationsFiscal incentives were introduced in the mid 1980s to encourage new private residential construction and refurbishment in the inner areas of Ireland¿s main cities. These were subsequently extended to include the city suburbs and large towns. At thesame time, the economic context for their implementation changed radically as an economic and population boom replaced prolonged recession and population decline. In their early years, the incentives were successful. However, the decision to extendtheir lifespan and geographical focus was problematic because, during Ireland¿s economic boom, they had less success in achieving their aims and were associated with deadweight, displacement and excess housing supply
Scopus© Citations 28 1395