Cities on the edge: how Bat Yam challenges the common social implications of urban regeneration

Abstract

ABSTRACT Numerous studies have discussed urban regeneration from the perspective of the displacement of long-time residents in disadvantaged communities. However, under certain circumstances, urban regeneration occurring on the outskirts of high-demand areas can enable middle-class and lower-class apartment owners to leverage their apartments as financial assets using various strategies. Relying on a qualitative study (n = 50) conducted in Bat Yam, a suburban city in Israel’s Tel Aviv metropolitan area, this article proposes conceiving of the social impact of urban regeneration as a new inequality in which the ownership structure and the approach to real estate constitute a major link.