Comment on David Listokin, Barbara Listokin, and Michael Lahr's "The contributions of historic preservation to housing and economic development": Historic preservation in a neoliberal age

Listokin, Listokin, and Lahr argue that historic preservation can function as a community development tool, but there are numerous deficiencies inhere nt in this method that make it a less-than-desirable way to revitalize. His toric preservation generally leads to gentrification that in turn displaces many low-income households. The historic rehabilitation tax credit also re presents a circuitous means of providing affordable housing that would be m ore effectively delivered through direct subsidy.