Tax lien sales as local neoliberal governance strategy: The case of Waterbury, Connecticut
Tax lien sales as local neoliberal governance strategy: The case of Waterbury, Connecticut
复制标题
税收留置权销售作为地方新自由主义治理策略:康涅狄格州沃特伯里的案例
DOI:
10.1177/0269094213485530
复制
发表时间:
2013
期刊:
影响因子:
--
通讯作者:
C. Patrick Heidkamp
中科院分区:
文献类型:
--
作者:
Hilary Botein;C. Patrick Heidkamp
This article examines bulk sales of municipal property tax liens in the formerly industrial city of Waterbury, Connecticut, USA, in the 1990s, in order to explore the limits and contradictions of neoliberal local governance strategies. In the USA, cities and states create property tax liens by reducing delinquent real estate taxes to a judgment that creates a legal claim against the property at issue. We argue that Waterbury's efforts to resolve its fiscal stress by enhancing short-term revenues ultimately further constrained its revenue base, the tax lien sales reflected a spatial selectivity that created barriers to revitalization when neither the city nor tax lien purchasers had incentives to foreclose on distressed properties in struggling neighborhoods, and the tax lien sales' failure to resolve the city's budget crisis set in motion new efforts at tax base enhancement through real estate-led development in the central business district that also were unsuccessful.
影响因子:
5
作者:
Brenner, N;Theodore, N
通讯作者:
Theodore, N