Friday, July 31, 2015

Are You a Gentrifier?

Slate has a handy calculator to help you figure it out.  Some background on their definition of gentrification: 

Most experts consider a neighborhood to be gentrifiable if its incomes are in the bottom half or quarter of the income distribution of a metropolitan area, she explained in an email to Slate. If the incomes of such a neighborhood are rising faster than incomes citywide, the area is undergoing gentrification. Some researchers have traced changes in educational or racial demographics as proxies for gentrification. For the purposes of this calculator, Ellen suggested this formula: If your neighborhood’s median income is lower than the median income of your city, and your income is higher than your city’s median, you’re a gentrifier.

https://lawprofessors.typepad.com/property/2015/07/are-you-a-gentrifier.html

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