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| Laudo M Ogura |
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| ''What drove gentrification in Chicago community areas in the 2000s?'' |
| ( 2014, Vol. 34 No.2 ) |
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| Gentrification can be defined as the process of upper income households settlement in poor neighborhoods. While the overall population in Chicago has gone down in the 2000s, some neighborhoods experienced a growth in their upper income population. This paper presents a study of factors associated with this growth, based on the analysis of data for the 77 community areas in Chicago. Taking into account spatial dependence across areas, changes in the upper income population were found to be related to past population growth, youth, college attendance, employment opportunities, crime, and housing characteristics. Among the noticeable results were the negative effects of murder rates and the positive relation with the location of major public housing projects, which were renovated or demolished during the 1990s and 2000s. |
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| Keywords: Gentrification, Population growth, Crime, Public housing. |
JEL: R2 - Urban, Rural, and Regional Economics: Household Analysis: General
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| Manuscript Received : Nov 11 2013 | | Manuscript Accepted : May 11 2014 |
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