Philadelphia: Report: Philly is gentrifying more than San Francisco, the poster child for displacement

Gentrification is happening across the country, but conventional wisdom would have you believe that much of the most vigorous activity is centered around West Coast cities in the midst of a tech boom.A new report from the National Community Reinvestment Coalition, a Washington, D.C.-based policy group, casts some serious doubt on that assumption.

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The Daily Pennsylvanian: Pennsylvania contributes heavily to nationwide gentrification, new study finds

The institute which conducted the study, the National Community Reinvestment Coalition, defines gentrification as the process by which money is invested in lower-income areas, causing increased property values and the entrance of higher-income residents. In recent years, as Philadelphia’s former industrial districts like Fishtown and Kensington have risen in value, the displacement which followed has disproportionately affected Latino and black residents.

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