BLK ALERTS

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Say What Now? Michigan Teen Arrested for Throwing Chair at Teacher Faces Felony Assault Charges

    October 1, 2023

    Beyoncé’s Mother, Tina Knowles, Shows Off Glam Makeover From Blue Ivy Carter [Video]

    October 1, 2023

    ‘RHOP’ Star Mia Thornton’s Husband Blindsided by Separation

    October 1, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram Vimeo
    BLK ALERTS
    Subscribe Login
    • Home
    • Lifestyle
    • News
    • Crime
    • Entertainment
    • Opinion
    • Sports
    • Politics
    BLK ALERTS
    Home»Headlines»A Study was Done, Top Four Cities being Gentrified Identified
    Headlines

    A Study was Done, Top Four Cities being Gentrified Identified

    Tia Freels, DIBy Tia Freels, DIJuly 22, 2019Updated:July 22, 2019No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A study done by the Federal Reserve Bank of Philadelphia on American cities and the National Opinion Research Center (NORC) at the University of Chicago, concluded that Washington D.C., Portland, Seattle, and Atlanta are the top four gentrified cities.

    What We Know:

    • Davin Reed, community economic development adviser at the Philadelphia Fed, along with University of Chicago researcher Quentin Brummet, analyzed central city neighborhoods in the 100 largest U.S. metropolitan areas in the U.S. between 2000 and 2014. His studies not only showed what cities were being gentrified the fastest, but also documented the effects of gentrification on neighborhood residents.

    • Washington, D.C. showed the highest level of gentrification with 40% of low-income neighborhoods experiencing this change, and more than 20,000 people were moved out of these neighborhoods between 2000 and 2013. The study also showed that 20 percent of Seattle’s neighborhoods underwent a huge economic change.
    • “We find that neighborhoods that gentrify do seem to experience greater displacement, but there are important caveats,” Reed said in an interview. “They don’t move to neighborhoods that are higher in poverty or neighborhoods that are farther from the central business district, and they don’t pay more in rents.”
    • In addition, many low-income “original” residents benefited from gentrification. More exposure to higher-income neighborhoods can improve mental and physical health and increase economic opportunity and education attainment of children.
    • There’s been an ongoing debate on whether building more housing, including luxury homes, will help ease the effects of displacement. Reed suggests that a combination of policies, including housing in high-demand urban neighborhoods is part of the solution. “We also talk in the paper about complementing [more housing] with other policies like more directly subsidizing certain households, you could imagine subsidizing those at greatest risk for displacement or those with children who may benefit the most by living in these neighborhoods.”

    Other cities on the list include Denver, Charleston, Austin, Boston, Raleigh, and Richmond.

    Atlanta Federal Reserve Bank of Philadelphia gentrification NORC Portland Seattle University of Chicago Washington D.C
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleElon Musk Working on Brain Chip Technology with Neuralink Company
    Next Article R. Kelly To Be Moved To New York For Racketeering Charges
    Tia Freels, DI

    Related Posts

    Deion Sanders ‘Proud’ of Colorado After Comeback Falls Short

    October 1, 2023

    Jeezy and Jeannie Mai Working on Their Marriage

    October 1, 2023

    Ime Udoka Wants Joint Custody of 11-year-old Son with Nia Long 

    October 1, 2023

    Analyst Joel Klatt Predicts $10M NIL Payday for Shedeur Sanders

    October 1, 2023
    Our Picks

    EXCLUSIVE: ‘Love & Marriage: Detroit’ Reunion – They’re Already Rethinking Their Friendships

    September 9, 2023

    VIP Passport: Celebrities and World Leaders on Exclusive Getaways

    September 6, 2023

    CoCo Gauff Is Killing It At The US Open, And Rightfully Checking The Umpire With Support From The Audience

    August 30, 2023

    Megan Thee Stallion Is Back Outside & Bringing BODY To One MusicFest + Janet, CoCo, Kendrick, Lil Kim, Brent Fiyaz & More

    August 30, 2023
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Entertainment

    Say What Now? Michigan Teen Arrested for Throwing Chair at Teacher Faces Felony Assault Charges

    By LoveBScott.comOctober 1, 20230

    Beyoncé’s Mother, Tina Knowles, Shows Off Glam Makeover From Blue Ivy Carter [Video]

    October 1, 2023

    ‘RHOP’ Star Mia Thornton’s Husband Blindsided by Separation

    October 1, 2023

    Simone Biles leads a dominant US performance at the world gymnastics championships

    October 1, 2023

    Subscribe to Updates

    Get the latest creative news from BLK ALERTS about our community.

    About Us
    About Us

    Your source for all things BLACK. BLKALERTS is crafted specifically for humans of the Brown and Black experience. The BLKALERTS app is available in all app stores.

    We're accepting new partnerships right now.

    Email Us: connect@blkalerts.com
    Contact: +1-929-251-6500

    Our Picks

    NBA Draft and More Trade News

    November 19, 2020
    Facebook Twitter Instagram Pinterest
    • Home
    • News
    • Entertainment
    • Politics
    • Crime
    • Sports
    • Careers
    © 2023 BLKALERTS is part of Urban Newsroom. Powered by UNMUTED NETWORKS.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?