Neighborhood Decline

The global financial and economic crisis that hit the world since 2008 has affected the lives of many people all over the world and resulted in declining incomes, rising unemployment, foreclosures, forced residential moves, and cut-backs in government expenditure. The extent to which the crisis has affected urban neighborhoods and has led to rising intra-urban inequalities, has not yet received much attention. The implemented budget cuts and austerity programs of national and local governme...