THE SPONSORS OF CONDOMINIUMS IN LARGE U.S. CITIES

Show full item record

Title: THE SPONSORS OF CONDOMINIUMS IN LARGE U.S. CITIES
Author: Van Weesep, Jan
Abstract: Many large cities in the U.S. have witnessed a proliferation of condominiums since 1970. At first, the condominiums were predominantly newly constructed, but subsequently most additions to the condominium stock were converted from existing rental units. according to type of structure, location within the metropolitan area, price, and submarket. They were promoted under changing housing market conditions and have been influenced by a variety of changing external factors. This paper explores the emergence of the condominiums in large U.S. cities and notes their varying characteristics. Subsequently, my argument for the study of the sponsors of the condominiums is presented. Based on a number of in-depth interviews with developers, real-estate consultants, and financiers, the background of the decision making process of the sponsors is sketched. Finally, a few possible effects of the emergence of the condominiums for the social structure of the urban area are discussed.
Description: An excerpt from this paper was presented to the Urban Studies Section of the annual meeting of the Western Social Science Association in San Diego, California, April 23-25, 1981.
URI: http://jhir.library.jhu.edu/handle/1774.2/21066
Date: 1981-05
Disclaimer: Citations of sources, conclusions, or opinions expressed in this publication are the responsibility of the author and do not reflect the policies or views of staff or others affiliated with the Institute for Policy Studies or Johns Hopkins University.
Subject: Housing
United States

Files in this item

Files Size Format Download
VanThe.pdf 1.697Mb application/pdf Download

The following license files are associated with this item:

This item appears in the following Collection(s)

Show full item record