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Books > Business & Economics > Finance & accounting > Finance > Property & real estate
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Blighted - A Story of People, Politics, and an American Housing Miracle (Hardcover)
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Blighted - A Story of People, Politics, and an American Housing Miracle (Hardcover)
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Blighted is a powerful narrative about the decades-long decay and
remarkable two-year reinvention of Summerdale, an aging apartment
community located in one of Atlanta's grittiest corridors. From
burnt-out, mold-infested buildings to traumatized classrooms,
Blighted unfolds in the voices of ruthless drug dealers, phantom
tenants, fearless landlords, the working poor, educators, and
visionary local leaders. After purchasing the property from an
absentee overseas owner, Marjy Stagmeier and her partners
methodically tackled the crisis festering inside the gated 244-unit
apartment property. Two years of relentless work later, Stagmeier
reveals how the team that she led built community from chaos.
Through on-the-ground, in-the-moment interviews with a wide range
of stakeholders, Stagmeier demonstrates how marginalized housing
perpetuates intergenerational poverty and the collapse of nearby
public schools while showing the multifaceted challenges of
improving dire living conditions. Blighted offers a unique insider
perspective of the political, human, and economic challenges of
delivering equitable housing in a market fueled by inflationary
prices, insatiable demand, and competing and often dubious agendas.
Summerdale's success is a bright model of how affordable housing,
education, healthcare, and social capital can interconnect to build
vibrant, sustainable communities-affordable housing communities,
nearby schools, and the community at large. From there, kids,
families, working people, and neighborhoods can thrive.
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