Newsweek, March 25th, 2019: Seven U.S. cities make up half of country’s gentrification, Washington D.C. and New York lead displacement
Gentrification overwhelmed seven of America’s largest and wealthiest cities, with coastal urban areas such as New York City and Washington, D.C., contributing to a majority of the nationwide economic displacement.
Data released this month by the National Community Reinvestment Coalition (NCRC) in tandem with several grassroots organizations found that seven cities account for half of the country’s overall gentrification. Washington, D.C., New York City, Los Angeles, Philadelphia, Baltimore, San Diego and Chicago make up 501 tracts out of 1,049. Economically dynamic cities combined with younger, educated residents and sheer size created the perfect combination for increased gentrification, according to the 2019 NCRC report.
