Gentrification is the renovation of neighborhoods to appeal to the middle class, mostly the white middle class. Boyle Heights — a Mexican neighborhood in Los Angeles — have been experiencing the symptoms of gentrification but the instigators for the change are, suprisingly, other Latinx people.
The government’s role in housing finance can possibly be solved with a bipartisan compromise. Both sides of the aisle have agreeable issues with the current system such as taxpayer exposure to risk and the current support of Fannie Mae and Freddie Mac.
S&B Global compared correlations between gender diverse companies and their revenue. Their data showed that gender diverse companies have higher earnings and productivity compared to companies that are male dominated.
Refugees have increased population and productivity in industrial Northeastern towns and also areas in the South. Because of the decreasing cap in the number of refugees allowed to come into the US, some cities are expected to close down medical clinics and jobs are going to be left understaffed.
Zoning reform has been a key problem solving idea towards affordable housing. Different types of zoning tactics, like upzoning, can work, but the best way to achieve affordable housing is by pairing zoning with government interventions, such as tax incentives for developers and the use of eminent domain to provide co-op housing — a building managed entirely by the residents.
Home leasing technology screens an applicant’s background and rejects those with a criminal history or having a high risk score. Housing departments and advocates are pushing for a more personal component in reviewing leasing applications to ensure that the leasing technology isn’t turning away applicants for absurd and easily explainable reasons.
The health risks associated with football are causing a racial divide. Affluent White parents are pulling their kids out of football at a higher rate than Black parents of low-moderate income. Children that can go to a highly funded school have the option of playing alternative sports; many of which aren’t offered at lower income schools.
Data shows that millennial and baby boomer migration have slowed down since the 2007-2009 Great Recession.
It has been a common idea that upzoning, building taller buildings that lead to more housing supply, will translate into lower prices but a study of this practice in Chicago shows that prices went up.
From Black Codes— laws passed to ensure the least amount of economic mobility for newly freed slaves— to the burning down of wealthy Black neighborhoods, African Americans have had seemingly irremovable and systematic obstacles to entering the middle class.