Property-led Urban, Town and Rural Regeneration in Ireland: Positive and Perverse Outcomes in Different Spatial and Socio-economic Contexts

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Title: Property-led Urban, Town and Rural Regeneration in Ireland: Positive and Perverse Outcomes in Different Spatial and Socio-economic Contexts
Authors: Norris, Michelle
Gkartzios, Menelaos
Coates, Dermot
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Date: 2014
Online since: 2014-12-26T04:00:09Z
Abstract: In 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.
Funding Details: Irish Research Council
Type of material: Journal Article
Publisher: Routledge (Taylor & Francis)
Journal: European Planning Studies
Volume: 22
Issue: 9
Start page: 1841
End page: 1861
Copyright (published version): 2013 Taylor & Francis
Keywords: Inner-cityTax incentivesRenewalSection 23
DOI: 10.1080/09654313.2013.806434
Language: en
Status of Item: Peer reviewed
Appears in Collections:Social Policy, Social Work and Social Justice Research Collection
UCD RePEc Archive Collection

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