Construct · 1 fields · 1 citations

residential teardown: a standalone construct

One name. One construct. A landmark on the map.

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Urban economics

the demolition of a sound existing house so the lot can be rebuilt, which happens when land value rises well above the value of the structure.

In urban economics, residential teardown refers to the demolition of a sound existing house so the lot can be rebuilt, which happens when land value rises well above the value of the structure. This meaning comes from Dye (2007) in Journal of Urban Economics.[1]

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house1 fields · 1 citationsanchor · a standalone construct structure4 fields · 5 citationsjingle · one word, four constructs value6 fields · 12 citationsjingle · one name, six constructs

References

Dye, R. F., & McMillen, D. P. (2007). Teardowns and land values in the Chicago metropolitan area. Journal of Urban Economics, 61(1), 45-63. https://doi.org/10.1016/j.jue.2006.06.003

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