The Identification and Prediction of Reinvestment Activity in Hamilton

Abstract

<p> This paper discusses real estate activity in Hamilton, for the period 1973 - 80, in an attempt to identify predictors. Particularly of interest is activity in the older central city neighborhoods which have been declining for a number of years. After reviewing the literature on the inner city, and the process operating in it, the Hamilton situation is explored. Seventeen census tracts emerge from the analysis as experiencing reinvestment activity during the above time period. The characteristics which are predictive, and most distinct, deal with the housing in, and location of, the census tracts. Socio-economic characteristics are neither predictive nor significant, for the most part. </p>