Ongoing challenges in urban places where regeneration and rebranding are absent, have failed or cause overheating Flashcards
In some urban areas regeneration has not occurred whereas in other areas they’re in danger of “overheating”. What is overheating?
Overheating is when an economy has had a prolonged period of growth but the supply of goods cannot meet the demand in many cities this is seen in the housing market.
What happens to declining areas with no regeneration?
The area continues to decline and or accelerate in decline. This is because businesses move to newly regenerated areas
What does the decline of urban areas result in a cycle of?
A cycle of decline and deprivation
Why can rebranding fail due to inner urban areas?
The areas are crowded and congested so not suitable for the modern industry. Therefore very little investment occurs
If an urban area is remote from areas of growth like markets or good communications what is the result?
Failure of regeneration