Gentrification: Research and Practitioner Perspectives
Abstract: In urban areas across the United States, the demand for housing in center-city, amenity-rich neighborhoods is increasing, driven by young, college-educated, predominantly white residents. Those with higher incomes are able to outbid low-income residents, which may lead to voluntary and involuntary displacement of these households. In low-income, center-city neighborhoods, this is particularly troubling, as these neighborhoods offer greater access to public transportation, social services, employment centers, and social networks. Displacement could force vulnerable households into less desirable and more impoverished neighborhoods.
File(s): File format is text/html https://www.philadelphiafed.org/community-development/housing-and-neighborhoods/gentrification-research-and-practitioner-perspectives
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Cascade
Publication Date: 2016-10
Order Number: 93