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The displacement effect of gentrification is potentially overstated: https://www.philadelphiafed.org/-/media/community-development/publications/discussion-paper
by matthewowen 6y ago
The displacement effect of gentrification is potentially overstated: https://www.philadelphiafed.org/-/media/community-development/publications/discussion-papers/discussion-paper_gentrification-and-residential-mobility.pdf https://www.philadelphiafed.org/-/media/community-developmen... is an interesting study.
In that case, vulnerable populations in gentrifying neighborhoods were no more likely to leave than equivalent populations in non-gentrifying neighborhoods.
For me, the obvious mechanism is that, well, it's true that people who leave may often blame gentrification / increased costs for their departure. But on the other side of it, without gentrification people may still have left, but for different reasons: to get away from crime, to go somewhere with more amenities. It's possible that these two tendencies somewhat balance each other out.
- rtkwe 6y agoSeems like the way to disentangle the two is to look a the people replacing those that move out. If they're roughly the same economically then it's the churn of being a poor person in a capitalist society if the income is going up particularly if it's a sharp increase and rents are rising then it's gentrification.
- nostrebored 6y agoThis is a restatement of the point you're replying to. The question is which of these is worse for the people living in the area.