December 20, 2015

20% gentrification rate in past decade

Planetizen - A study done by Governing magazine found a 20 percent gentrification rate for census tracts in the past decade in the largest 50 cities in the country, a greatly accelerated rate from the previous decade. One writer has noted that while this is an increase over past rates of gentrification, a 20 percent gentrification rate still means that 4 of 5 low-income neighborhoods are not gentrifying.

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