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Zombie Subdivisions In The United States And Ghost Developments In Europe: Lessons For Local Governments, Jan G. Laitos, Rachel Martin

Washington Journal of Environmental Law & Policy

This article addresses the phenomenon of abandoned or failed commercial or residential developments, sometimes referred to as “zombie subdivisions” in America, and “ghost developments” in Europe. Both arose as a result of the real estate market disintegration after 2008. Around the world, but particularly in America and in certain European countries, developers ran out of funds and were unable to finish their projects, resulting in non-completed or largely vacant “zombie” or ghost properties. Such abandoned properties can be found throughout America and Europe, but they are more common in particular Intermountain states in the United States, and in Ireland, Spain …