From Gentrification to Decline: How Neighborhoods Really Change
“When people talk about how big cities have changed over the last two decades, the word that inevitably comes up is gentrification—the influx of affluent newcomers. A transformative wave of wealth—often accompanied by displacement of lower-income neighborhood residents—has seized prominent parts of Washington, D.C., New York City, and San Francisco. But across U.S. metros, gentrification may not the dominant type of urban change. Instead, it’s the concentration of poverty—particularly in the suburbs—that’s the type of transformation most Americans have been experiencing.”