Rent Gap
Bibliographic Data
| ID | 23700366 |
|---|---|
| Authors | Jean-Paul D Addie (0000-0002-6091-4301, Georgia State University, corresponding author), Jean‐paul D Addie |
| Year | 2019 |
| Pages | 1-2 |
| Publication date | 2019-03-27 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | CHAPTER |
| Venue | International Encyclopedia of Geography (SOURCE_BOOK) |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/9781118786352.wbieg0724.pub2 |
| OpenAlex | W4250089124 |
| ISBN | 9781118786352 |
| Language | EN |
| References cited | 5 |
The rent gap refers to the difference between the capitalized rent realized from a plot of land and the potential rent possible if it were developed to its “highest and best” use. Introduced by Neil Smith in 1979, the rent gap provides a systematic production‐side theory of urban rent and inner‐city transformation. The concept has been critiqued for dismissing the role of individual agents and consumption preferences in explanatory accounts of gentrification.
Consumption (sociology) · Econometrics · Economic growth · Economics · Gentrification · Microeconomics · Production (economics) · Sociology · Cultural Industries and Urban Development · Urban Planning and Governance · Urbanization and City Planning
| Citation velocity | historical |
|---|---|
| Highly cited | No |