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The Unbounded Home: Property Values Beyond Property Lines

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Type: Book
Author: Fennell, Lee Anne
Publisher: Yale University Press (rights reverted to author in July 2023)
Location: New Haven, CT, USA
Date: 2009
URI: https://hdl.handle.net/10535/10905
Sector: Urban Commons
Region: North America
Subject(s): property rights
housing
urban economics
eminent domain
privatization
anticommons
Abstract: "The Unbounded Home grapples with a core modern reality -- that the value and meaning of a home extend beyond its property lines to schools, shops, parks, services, neighbors, neighborhood aesthetics, and market conditions. The resulting tension between the homeowner's desire for personal autonomy at home and the impulse to control everything that could affect the home's value fuels continual conflict among neighbors and communities. The home's unbounded nature implicates nearly every facet of residential life, from the financial vulnerability of homeowners to the persistence of segregation by race and class. This book shows how innovations that increase the flexibility of property law can address critical issues of neighborhood control and community composition that have been simmering unresolved for decades -- and how homeownership itself can be reinvented to better deliver on its promises."

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