Map of the day

Posted: 11 November 2013 in Uncategorized
Tags: , , , ,

gentrification-map-red

source (title added)

Many cities in the United States went through a process of gentrification in the years leading up to the crash of 2007-08. But four of them stand out: Boston (61 percent), Seattle (55 percent), New York (46 percent), and San Francisco (42 percent).

Daniel Hartley provides a list of the cities that experienced the highest levels of gentrification (which he defines as the percentage of neighborhoods located in the central city of a metropolitan area that go from being in the bottom half of the distribution of home prices in the metropolitan area to the top half) between 2000 and 2007.

It comes as no surprise that gentrifying tracts saw bigger increases in home values, rents, incomes, education levels, and owner occupancy rates than low-price tracts that did not gentrify.

Gentrifying

What we don’t know, and what Hartley’s study sheds little light on, is what happens to residents who are pushed out of neighborhoods by the process of gentrification.

What we do know is that gentrification is the model of development that was widely adopted in America’s cities during the 2000s.

 

 

About these ads
Comments
  1. […] Mapping Gentrification Many cities in the United States went through a process of gentrification in the years leading up to the crash of 2007-08. […]

  2. […] Mapping Gentrification Many cities in the United States went through a process of gentrification in the years leading up to the crash of 2007-08. […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s