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Endogenous Gentri?cation and Housing Price Dynamics Daniel Hartley? Federal Reserve Bank of Cleveland Veronica Guerrieri? University of Chicago and NBER Erik Hurst? University of Chicago and NBER.

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Atkinson (2002) identifies nine interrelated impacts associated with the gentrification process: displacement; harassment and eviction; community conflict; loss of affordable housing; homelessness; change to local service provision; social displacement; crime; and population loss.

Gentrification has become controversial because, historically, it has come with a significant component of discrimination against racial minorities, women and children, the poor, and older adults.

Gentrification is controversial because it can create rapid neighborhood change and may cause significant displacement and housing affordability issues. Despite its problems, it has become a key feature of much urban policy, particularly in the United States and the United Kingdom.

The primary argument is that renovating certain areas increases property value and forces the low-income residents to relocate. When an area is gentrified, the local and city government first approves and promote the renovation of old neighborhoods and areas (Bryant, Laura, 2003).

These special populations are at increased risk for the negative consequences of gentrification. Studies indicate that vulnerable populations typically have shorter life expectancy; higher cancer rates; more birth defects; greater infant mortality; and higher incidence of asthma, diabetes, and cardiovascular disease.

While gentrification may increase property values, it also raises rents and property taxes, pricing longtime residents out of their own neighborhoods, often leading to more white and fewer Black residents.

Displacement happens when long-time or original neighborhood residents move from a gentrified area because of higher rents, mortgages, and property taxes. Gentrification is a housing, economic, and health issue that affects a community's history and culture and reduces social capital.

A new study by a Stanford sociologist has determined that the negative effects of gentrification are felt disproportionately by minority communities, whose residents have fewer options of neighborhoods they can move to compared to their white counterparts.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232