The Hidden Winners in Neighborhood Gentrification
A new study challenges the conventional narrative about gentrification, finding that lower-income residents in changing neighborhoods experienced a host of positive effects.
What if the conventional wisdom about gentrification is kind of wrong?
"It shows that gentrification does drive out-migration to other neighborhoods—by far the most controversial outcome of neighborhood status change—but not by very much compared to baseline neighborhood changes." via
According to a just-released study, original residents gain more from gentrification than the traditional neighborhood narrative lets on. And the harms of gentrification, while hard to fully gauge, may not be so severe for original residents.
“So, like so many things in American life, gentrification is an unambiguous win for people who already have certain advantages. But to say that it’s also necessarily a loss for those less well off assumes a zero sum that isn’t the case.”