Renee Tapp
Biographic Data
| ID | 1340262 |
|---|---|
| NAME | Renee Tapp |
| GIVEN NAMES | Renee |
| FAMILY NAME | Tapp |
| SIGNATURE | TAPP R |
| AFFILIATIONS | University of Illinois Chicago |
| ORCID | 0000-0002-2893-2534 |
| VERIFIED | Yes |
| TOTAL WORKS | 13 |
| TOTAL CITATIONS | 85 |
| AUTHOR COUNT | 13 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 5 |
Who Owns Municipal Housing Bonds? Asset Managers and the Affordable Housing Crisis
Problem, research strategy, and findings Planners increasingly turn to municipal housing bonds (munis) to fund the construction, acquisition, and rehabilitation of affordable housing. Although the issuance of muni housing bonds more than doubled during the COVID-19 pandemic, little attention has been given to who issues bonds and what happens to the bonds after they are sold. Drawing on financial data sets of local bond issuances and bondholders,…
National government in the casino
This commentary engages with Andy Pike’s recent book, Financialization and Local Statecraft. In it, we raise questions about the role of localism in the UK, the status of taxation and monetary policy, and the crisis of governance that stems from the fiscal landscape Pike lays out in his book. Finally, we close by addressing a question that guides Pike’s own work: “Is it national rather than local government that has taken the local public service…
Gentrification in the 21st century
DIY Housing Studies
In response to Javier Moreno Zacarés' paper, I argue for a more empirically engaged and policy-relevant political economy of housing. This is necessary given the global transformation of housing from a home into an asset. Understanding housing's place in the contemporary financialized economy requires scholars to adopt a do-it-yourself (DIY) approach to studying housing. Such a perspective starts by recognizing the neoclassical economic theories …
Reconsidering the real estate state
In response to Wilson and Wyly's paper, I argue that urban planners, policymakers, and theorists need an alternative understanding of “the real estate state.” This approach involves recovering the productive capabilities of publicly owned property. Starting with the fact that governments often are the largest property owners in a city, I argue that urban planning has shied away from its mandate to manage real estate for the public's benefit. Urba…
Fiscal geographies between the crisis and the pandemic
This paper serves as an introduction to the themed issue on "Post-Crisis Fiscal Geographies." In it, we review the growing body of work on fiscal policy and geography, with particular emphasis on taxation and tax policy. We argue that geographers and other scholars of political economy should pay greater attention to the state's active capacities, particularly during the long troughs between the crises which tend to receive the bulk of scholarly …
An antitrust framework for housing
This article contributes to debates within the financialization literature by examining the rise of monopolies in the US' rental housing market. Drawing on a dataset of multifamily real estate transactions taken from the poorest census tracts in the US (so-called Opportunity Zones), we develop an antitrust framework and methodology for measuring market structure in housing using the Herfindahl-Hirschman Index. After detailing the geography of the…
Un/Making Assets
This article contributes to contemporary debates within the financialization and assetization literatures by examining the sale of tax credits in U.S. property markets over the last twenty years. Whereas the vast majority of research on financial assets focuses on the income-generating aspects of property, this article considers a more holistic approach to assets. Through detailed empirical analysis of syndication in historic tax credit and conse…
Introducing the Yimbys
This paper advances debates around the financialization of housing with a case study of Los Angeles’s yes-in-my-back-yard (YIMBY) groups. In response to the post-2008 affordable housing crisis, YIMBYs have emerged in support of orthodox economic policies that deregulate land use, expedite construction, and intensify financial accumulation in rental housing. Using detailed empirical analysis collected from YIMBY housing activists, this paper exami…
From the State to the Shareholder
Following the 2008 global financial crisis, the use of real estate tax credits to generate shareholder value for investors increased significantly. While tax credits are lauded as crucial to the delivery of social goods like affordable housing, the multiplier effects they supposedly generate fail to account for the hollowing out of the state that occurs as public funds are transferred to shareholders. Through a detailed case study of the historic…
Renters' revolt
What has happened in Los Angeles since City of Quartz first appeared in print in 1990 is nothing short of a revolution. Renters now outnumber homeowners in a city famed for the single-family ideal
Fiscal geographies
As the state’s primary means of both redistributing wealth and incentivizing private investment, tax plays an outsized role in a range of critical urban processes, including (re)development, gentrification, financialization, and local and regional governance. We argue, through reference to existing literature in urban and economic geography, as well as our own research on taxation and the state, that urban scholarship could benefit by close and c…
Layers of finance
Fiscal geographies
As the state’s primary means of both redistributing wealth and incentivizing private investment, tax plays an outsized role in a range of critical urban processes, including (re)development, gentrification, financialization, and local and regional governance. We argue, through reference to existing literature in urban and economic geography, as well as our own research on taxation and the state, that urban scholarship could benefit by close and c…
Layers of finance
From the State to the Shareholder
Following the 2008 global financial crisis, the use of real estate tax credits to generate shareholder value for investors increased significantly. While tax credits are lauded as crucial to the delivery of social goods like affordable housing, the multiplier effects they supposedly generate fail to account for the hollowing out of the state that occurs as public funds are transferred to shareholders. Through a detailed case study of the historic…
Un/Making Assets
This article contributes to contemporary debates within the financialization and assetization literatures by examining the sale of tax credits in U.S. property markets over the last twenty years. Whereas the vast majority of research on financial assets focuses on the income-generating aspects of property, this article considers a more holistic approach to assets. Through detailed empirical analysis of syndication in historic tax credit and conse…
An antitrust framework for housing
This article contributes to debates within the financialization literature by examining the rise of monopolies in the US' rental housing market. Drawing on a dataset of multifamily real estate transactions taken from the poorest census tracts in the US (so-called Opportunity Zones), we develop an antitrust framework and methodology for measuring market structure in housing using the Herfindahl-Hirschman Index. After detailing the geography of the…
Introducing the Yimbys
This paper advances debates around the financialization of housing with a case study of Los Angeles’s yes-in-my-back-yard (YIMBY) groups. In response to the post-2008 affordable housing crisis, YIMBYs have emerged in support of orthodox economic policies that deregulate land use, expedite construction, and intensify financial accumulation in rental housing. Using detailed empirical analysis collected from YIMBY housing activists, this paper exami…
Renters' revolt
What has happened in Los Angeles since City of Quartz first appeared in print in 1990 is nothing short of a revolution. Renters now outnumber homeowners in a city famed for the single-family ideal
Renters' revolt
What has happened in Los Angeles since City of Quartz first appeared in print in 1990 is nothing short of a revolution. Renters now outnumber homeowners in a city famed for the single-family ideal
Fiscal geographies
As the state’s primary means of both redistributing wealth and incentivizing private investment, tax plays an outsized role in a range of critical urban processes, including (re)development, gentrification, financialization, and local and regional governance. We argue, through reference to existing literature in urban and economic geography, as well as our own research on taxation and the state, that urban scholarship could benefit by close and c…
Layers of finance
From the State to the Shareholder
Following the 2008 global financial crisis, the use of real estate tax credits to generate shareholder value for investors increased significantly. While tax credits are lauded as crucial to the delivery of social goods like affordable housing, the multiplier effects they supposedly generate fail to account for the hollowing out of the state that occurs as public funds are transferred to shareholders. Through a detailed case study of the historic…
Introducing the Yimbys
This paper advances debates around the financialization of housing with a case study of Los Angeles’s yes-in-my-back-yard (YIMBY) groups. In response to the post-2008 affordable housing crisis, YIMBYs have emerged in support of orthodox economic policies that deregulate land use, expedite construction, and intensify financial accumulation in rental housing. Using detailed empirical analysis collected from YIMBY housing activists, this paper exami…
Un/Making Assets
This article contributes to contemporary debates within the financialization and assetization literatures by examining the sale of tax credits in U.S. property markets over the last twenty years. Whereas the vast majority of research on financial assets focuses on the income-generating aspects of property, this article considers a more holistic approach to assets. Through detailed empirical analysis of syndication in historic tax credit and conse…
Reconsidering the real estate state
In response to Wilson and Wyly's paper, I argue that urban planners, policymakers, and theorists need an alternative understanding of “the real estate state.” This approach involves recovering the productive capabilities of publicly owned property. Starting with the fact that governments often are the largest property owners in a city, I argue that urban planning has shied away from its mandate to manage real estate for the public's benefit. Urba…
Fiscal geographies between the crisis and the pandemic
This paper serves as an introduction to the themed issue on "Post-Crisis Fiscal Geographies." In it, we review the growing body of work on fiscal policy and geography, with particular emphasis on taxation and tax policy. We argue that geographers and other scholars of political economy should pay greater attention to the state's active capacities, particularly during the long troughs between the crises which tend to receive the bulk of scholarly …
An antitrust framework for housing
This article contributes to debates within the financialization literature by examining the rise of monopolies in the US' rental housing market. Drawing on a dataset of multifamily real estate transactions taken from the poorest census tracts in the US (so-called Opportunity Zones), we develop an antitrust framework and methodology for measuring market structure in housing using the Herfindahl-Hirschman Index. After detailing the geography of the…
Gentrification in the 21st century
DIY Housing Studies
In response to Javier Moreno Zacarés' paper, I argue for a more empirically engaged and policy-relevant political economy of housing. This is necessary given the global transformation of housing from a home into an asset. Understanding housing's place in the contemporary financialized economy requires scholars to adopt a do-it-yourself (DIY) approach to studying housing. Such a perspective starts by recognizing the neoclassical economic theories …
Who Owns Municipal Housing Bonds? Asset Managers and the Affordable Housing Crisis
Problem, research strategy, and findings Planners increasingly turn to municipal housing bonds (munis) to fund the construction, acquisition, and rehabilitation of affordable housing. Although the issuance of muni housing bonds more than doubled during the COVID-19 pandemic, little attention has been given to who issues bonds and what happens to the bonds after they are sold. Drawing on financial data sets of local bond issuances and bondholders,…
National government in the casino
This commentary engages with Andy Pike’s recent book, Financialization and Local Statecraft. In it, we raise questions about the role of localism in the UK, the status of taxation and monetary policy, and the crisis of governance that stems from the fiscal landscape Pike lays out in his book. Finally, we close by addressing a question that guides Pike’s own work: “Is it national rather than local government that has taken the local public service…
Housing, Finance, and Neoliberalism (13 works) · Economics (9 works) · Housing Market and Economics (8 works) · Political science (8 works) · Finance (7 works) · Financialization (7 works) · Business (6 works) · Market economy (5 works) · Real estate (5 works) · Urban Planning and Governance (5 works)