Six Superfund hazardous waste sites in suburban New Jersey were examined for evidence of long-term stigma. Two decades after being added to the Superfund list, the areas immediately surrounding four of the six sites show some, but not substantial, evidence of lingering stigma, measured by relatively lower increases in housing values, rents, and household income. The key observation is that areas around some of the worst National Priorities List sites in the United States are middle-income suburbs. The policy implication suggests that strong government actions, developer interest in a hot market, and reduced media attention can greatly diminish the impact of contaminated sites in suburban settings.
Neighborhood Stigma Twenty Year Later: Revisiting Superfund Sites in Suburban New Jersey
M. Greenberg and J. Hollander. “Neighborhood Stigma Twenty Year Later: Revisiting Superfund Sites in Suburban New Jersey.” The Appraisal Journal. Spring 2006, 161-173.