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Gentrifications Explained (Week 5)

Redlining in the past denied people of color access to loans to buy or repair homes, contributing to disinvestment in their neighborhoods. Now, as cities invest in transit and infrastructure in historically disinvested areas, they are becoming more affordable and appealing places to live due to their proximity to jobs and amenities, leading to gentrification that often displaces long-term residents and causes cultural displacement by changing the character of neighborhoods. The adverse impacts of gentrification can be prevented by protecting existing residents, producing more affordable housing, and preserving existing affordable housing.

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Natalie Mitchell
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27 views2 pages

Gentrifications Explained (Week 5)

Redlining in the past denied people of color access to loans to buy or repair homes, contributing to disinvestment in their neighborhoods. Now, as cities invest in transit and infrastructure in historically disinvested areas, they are becoming more affordable and appealing places to live due to their proximity to jobs and amenities, leading to gentrification that often displaces long-term residents and causes cultural displacement by changing the character of neighborhoods. The adverse impacts of gentrification can be prevented by protecting existing residents, producing more affordable housing, and preserving existing affordable housing.

Uploaded by

Natalie Mitchell
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Redlining: the labelling of neighborhoods of coloured people as risky investment and unfit for

investment. This means they are denied access to loans to buy or repairs home in their neighborhoods

White flight: policy to fuel growth of white suburbans

Central city disinvestment and investment patterns:

Today, both people and capital are flooding back into these historically
disinvested neighborhoods. Why?

 Relative affordability

o In many US cities, the rental market has gotten increasingly


expensive, and even moderate income earners are on the
hunt for lower housing costs.

o For example, in San Francisco, the median rent of a typical 2BR


apartment went up nearly 70% between 2011 and 2017.
Source: Zillow Data.

 Older, historic housing stock that appeals to new residents

 Close proximity to city centers, where jobs, restaurants, and art


spaces are increasingly locating

 Revitalization -- cities are investing in some of these


neighborhoods with improved transit access and infrastructure in
part to draw in newcomers

While increased investment in an area can be positive, gentrification is


often associated with displacement, which means that in some of these
communities, long-term residents are not able to stay to benefit from new
investments in housing, healthy food access, or transit infrastructure. (e.g.
such as because of rent hikes)

Another impact of displacement to consider is cultural displacement:


Even for long-time residents who are able to stay in newly gentrifying
areas, changes in the make-up and character of a neighborhood can lead
to a reduced sense of belonging, or feeling out of place in one’s own
home.
The adverse impact of gentrificaiton can be prevented through:

 Protect the existing residents from displacement


 Produce more affordable housings
 Preserving existing affordable housings

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