Community Development: Gentrification Doesn’t Always Lead to Displacement

In this edition of Big Money Real Estate, my guest and I discuss new research on neighborhood changes, gentrification and displacement. Daniel Hertz is a senior fellow at City Observatory, a website and think tank devoted to the analysis of cities and urban policy. He recently wrote about the findings of a literature review by the Federal Reserve Bank of San Francisco entitled, “Gentrification, Displacement and the Role of Public Investment.” While gentrification and displacement remain somewhat undefined as social science concepts, the San Francisco Fed’s research turned up some interesting facts about what drives neighborhood change and how public policy and investment leads to gentrified communities. Certain conditions can favor gentrification without displacement, and smart urban planning could theoretically help communities attract wealthier buyers without driving out lower-income residents. To find out how, check out this community development edition of Big Money Real Estate. Be sure to subscribe to my YouTube channel for the latest real estate tips and news: http://www.youtube.com/subscription_center?add_user=expertrealestatetips And pick up my Intentional Investor Series on ThinkGlinkStore.com to learn everything you need to know to become a successful investor in real estate: http://thinkglinkstore.com/collections/frontpage/products/the-intentional-investor-complete-series Looking for more of my real estate and personal finance tips? Read my blog: http://thinkglink.com See my tweets: http://www.twitter.com/glink Follow me on Facebook: http://www.facebook.com/ilyceglink To read Daniel Hertz’s story, “What do we know about neighborhood change, gentrification, and displacement?” on CityObservatory.org, click here: http://cityobservatory.org/what-do-we-know-about-neighborhood-change-gentrification-and-displacement/