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Understanding Neighbourhood Dynamics: A Review of the Contributions of William G. Grigsby

Fannie Mae Foundation, 4000 Wisconsin Avenue, NW., Washington, DC 20016, USA. Isaac.Megbolugbe{at}fnma.com

Marja C. Hoek-Smit

Wharton Real Estate Center at the University of Pennsylvania, 313 Lauder-Fischer Hall, 256 South 37th Street, Philadelphia, PA 19104. MHOEK{at}pobox.upenn.edu

Peter D. Linneman

Wharton Real Estate Center at the University of Pennsylvania, 313 Lauder-Fischer Hall, 256 South 37th Street, Philadelphia, PA 19104. LINNEMAN{at}wharton.upenn.edu

This paper summarises William G. Grigsby's contribution to our understanding of neighbourhood change. We discuss seven contributions among Grigsby's most-lasting. First, he staked out the boundaries of the still-nascent field very early in his career. Secondly, he situated the subject within the broader framework of metropolitan housing market dynamics. Thirdly, he developed a theoretical framework for investigating the subject that featured the analysis of housing sub-markets, the market process of neighbourhood succession, and residential segregation. Fourthly, he identified the economic, social, institutional and demographic forces that create neighbourhood change. Fifthly, he linked neighbourhood decline and deterioration to the spatial concentration of poverty. Sixthly, he underscored the significance of this understanding for formulating public policies to deal with deteriorated neighbourhoods. And seventhly, he provided a remarkably complete and robust framework for analysing neighbourhood change. This last-mentioned contribution is the culmination of his lifetime work and will prove perhaps to be his most significant. It provides a road map to future research on neighbourhood dynamics that others may wish to follow. It is very important to note that Grigsby's contributions are so foundational to the modern field of housing economics and housing policy that many of the first-generation analysts like John Kain, John Quigley, William Wheaton, Richard Muth and Anthony Downs do not bother to cite his works. Grigsby's contributions have become ingrained in the core of housing policy. The paper concludes by noting that Grigsby did not let the state of technology or the availability of data limit his vision. As a result, his ideas about neighbourhood change remain fresh and will remain important for years to come.

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