Much Ado About Robinson Street
In preparation for the public hearing on Thursday, Jamie Larson has a story in today's Register-Star on the conflicting opinions about designating Robinson Street, a rare surviving 19th-century working-class neighborhood in the Second Ward, as a historic district: "Proposal puts homeowners, historic preservation at odds."
interesting article in time mag that i came across and someone thankfully summed it up....
ReplyDelete1. turnover occurs in all neighborhoods. residents in gentrified neighborhoods do not leave their neighborhoods with any more frequency than residents in non-gentrifying neighborhoods.
2. in non-gentrifying areas, residents who move out are replaced by residents who are higher up the income scale. instead of "displacement", there is really just "succession". the difference between gentrifying and non-gentrifying neighborhoods is the income level (and sometimes race) of the new residents who replace the old.
3. poor residents in gentrifying neighborhoods actually see some economic gains if they have a high school education. the only poor residents who don't gain from gentrification are those who did not graduate from high school.
http://www.time.com/time/business/article/0,8599,1818255,00.html