Urban Environmental Conditions and Economic Resilience
For businesses, environmental quality is increasingly part of investment decision-making. Firms seeking to recruit and retain talent evaluate whether a neighborhood offers stable housing, manageable commutes, clean air, and a safe, quiet environment (Smith et al., 2022). Areas with chronic environmental stressors may face higher operating costs, lower customer traffic, and greater difficulty attracting long-term capital (Smith et al., 2022). By contrast, healthier urban conditions support tenant stability, employee retention, and more predictable commercial performance.
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