The effects of the Great Recession on individuals and workers are well studied. Many reports document how and why individuals became more likely to be unemployed, to be in poverty, or to face foreclosure.
But how have neighborhoods fared during the Great Recession? Although most research has focused on individual-level outcomes, many of the conventional narratives about the Great Recession are in fact neighborhood-level narratives. In discussing the housing crisis, for example, we don’t just focus on individuals facing foreclosure but on entire neighborhoods that were hard hit by the housing crisis, where one can find house after house on the same streets all in foreclosure. Likewise, the unemployment crisis is often understood to be spatially clustered, with areas that depend disproportionately on construction, manufacturing, and other heavily-affected industries typically presumed to be especially hard hit. (author abstract)