Indicators of Initial Reinvestment and the Diffusion of the Economic Frontier Line in the Gentrification of the Lower East Side

史密斯教授将分析曼哈顿下东区的欠税数据，以确定这些数据是否可以用来确定撤资住房库存停止和再投资开始的“转折点”。史密斯假设，士绅化(再投资)在边界线后面扩散，而在主要边界线后面可能有代表不同类型金融机构投资的次要边界线。这项研究的主要目的是考察1975至1986年间下东区士绅化所涉及的经济过程。史密斯将把那里确定的过程与北美城市变化的更大背景联系起来。

Professor Smith will analyze tax arrears data for the Lower East Side area of Manhattan to determine whether they can be used to identify "turning points" at which disinvestment in housing stocks stops and reinvestment commences. Smith hypothesizes that gentrification (reinvestment) diffuses behind a frontier line, and that there may be secondary frontier lines behind the major frontier that represent investment by different kinds of financial institutions. The major objective of this research is to examine the economic processes involved in the gentrification of the Lower East Side from 1975 to 1986. Smith will link processes identified there to the larger context of urban change in North American cities.