Local businesses : an overlooked asset during rapid growth

dc.contributor.advisorOden, Michael
dc.creatorLong, Allison Michelle
dc.date.accessioned2017-11-15T18:17:40Z
dc.date.available2017-11-15T18:17:40Z
dc.date.created2017-08
dc.date.issued2017-08-14
dc.date.submittedAugust 2017
dc.date.updated2017-11-15T18:17:41Z
dc.description.abstractBooming cities often experience a rapidly growing economy coupled with issues of inequality. With skyrocketing costs of living and displacement of long time residents, housing gentrification is a common topic of debate for growing cities, but local business displacement is often left out of the equity discussion. Small, local businesses struggle with similar challenges as individuals during affordability crises, and are similarly priced out of neighborhoods where they have had a long-standing community presence. Research shows that local businesses provide lasting benefits to cities and represent a sustainable solution to many affordability issues. In order to retain these benefits, state and local governments need to shift economic development policy from traditional efforts of business attraction to policies that thoroughly address issues of local business displacement. Worldwide trends, such as the mobility of labor and the globalization of capital, will affect cities, especially as non-local sources of revenue continue to shrink. Cities can look to local businesses to provide economic stability and to help differentiate themselves as they compete nationally and globally for residents and investment.
dc.description.departmentCommunity and Regional Planning
dc.format.mimetypeapplication/pdf
dc.identifierdoi:10.15781/T2XG9FT19
dc.identifier.urihttp://hdl.handle.net/2152/62614
dc.subjectLocal business
dc.subjectDisplacement
dc.subjectGentrification
dc.subjectCommercial
dc.subjectUrban planning
dc.titleLocal businesses : an overlooked asset during rapid growth
dc.typeThesis
dc.type.materialtext
thesis.degree.departmentCommunity and Regional Planning
thesis.degree.disciplineCommunity and Regional Planning
thesis.degree.grantorThe University of Texas at Austin
thesis.degree.levelMasters
thesis.degree.nameMaster of Science in Community and Regional Planning

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