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首页> 外文期刊>Journal of Housing Economics >Housing appreciation patterns in low-income neighborhoods: Exploring gentrification in Chicago
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Housing appreciation patterns in low-income neighborhoods: Exploring gentrification in Chicago

机译:低收入社区的住房升值模式:芝加哥探索绅士策略

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摘要

Using data from Chicago, this paper analyzes different housing appreciation patterns from 1983 to 2005 depending on the initial level of income of the neighborhoods where these properties are located. Findings suggest that appreciation patterns of low-income neighborhoods are different than those of high-income neighborhoods. Moreover, appreciation of housing prices in low-income neighborhoods that have experienced gentrification is different than in other low-income neighborhoods not gentrified. To analyze this issue further, we compare the behavior of housing prices in neighborhoods experiencing different stages of gentrification with housing prices in low-income neighborhoods that have not been gentrified. Housing price appreciation is only observed in neighborhoods gentrified that had low levels of income when gentrification was measured. One interpretation of these findings is that housing prices appreciate in neighborhoods experiencing early stages of gentrification, but not in neighborhoods that have been gentrified for longer periods of time. These results could suggest that gentrification may cause displacement pressures in the early stages, but prices are stabilized in neighborhoods being gentrified for some time, reducing the probability of displacement of the low-income population.
机译:使用来自芝加哥的数据,本文根据这些属性所在的社区的初始收入水平分析不同的住房升值模式。调查结果表明,低收入社区的升值模式不同于高收入社区。此外,在经历了经验丰富的良好街区的低收入社区的住房价格的升值与其他低收入街区没有更好的邻居不同。要进一步分析这个问题,我们比较房价在邻里的住房价格的行为,经历了不同阶段的绅士,在低收入社区的房价上没有绅士。住房价格升值仅在邻近的邻近观察到较好的收入衡量了更长的收入。对这些调查结果的一个解释是,房价在历史悠久的绅士阶段的社区欣赏,但不在邻居的邻居中长时间绅士。这些结果可能表明,绅士统治可能会导致早期阶段的位移压力,但在一段时间内绅士稳定的价格稳定,降低了低收入人群的位移概率。

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