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Green investment strategies: a positive force in cities
Journal article

Green investment strategies: a positive force in cities

Carolyn R Brown, Susan M Wachter and Kevin C Gillen
Communities and Banking, pp.24-27
Communities and Banking
2008

Abstract

Community development
Deterioration of urban neighborhoods is known to induce out migration, but how well do public investments to reverse decline actually work? To evaluate Philadelphia’s greening investment, researchers measured property buyers’ willingness to pay more—and found that greening works.

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