Recession No Match for Gentrification in Many Cities

Rachel Dovey details a new report that finds boom-era trends of gentrification persisted in urban areas throughout the effects of the post-2007 recession.

1 minute read

July 21, 2014, 2:00 PM PDT

By James Brasuell @CasualBrasuell

David Herrera / Flickr

The conclusion of the report from the Federal Reserve Bank of Cleveland, as summarized by Dovey: "Urban neighborhoods were hot spots for redevelopment before the economy collapsed, and some have continued to gentrify post-recession."

"Portland, Seattle, Denver, Minneapolis and Washington, D.C. continue to see incomes rise in their urban core. Atlanta, where city-center wealth spiked before the recession, has not continued to gentrify. And post-boom Cincinnati is witnessing a surprising surge in city-center income," writes Dovey.

"The report points out that changes in income ranking over time were actually driven largely by poor neighborhoods that gained wealth, not wealthy neighborhoods that became even wealthier — a trend the report calls “consistent with gentrification.'"

FULL STORY: These Cities Have Held Onto Pre-Bust Gentrification Highs

Thursday, July 17, 2014 in Next City

Social / Demographics Urban Development United States Gentrification Recession Average Income View More

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Start Learning

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.