The Effects of Gentrification on the Well-Being and Opportunity of Original Resident Adults and Children

Quentin Brummet and Davin Reed

No 19-30, Working Papers from Federal Reserve Bank of Philadelphia

Abstract: We use new longitudinal census microdata to provide the first causal evidence of how gentrification affects a broad set of outcomes for original resident adults and children. Gentrification modestly increases out-migration, though movers are not made observably worse off and neighborhood change is driven primarily by changes to in-migration. At the same time, many original resident adults stay and benefit from declining poverty exposure and rising house values. Children benefit from increased exposure to higher-opportunity neighborhoods, and some are more likely to attend and complete college. Our results suggest that accommodative policies, such as increasing the supply of housing in high-demand urban areas, could increase the opportunity benefits we find, reduce out-migration pressure, and promote long-term affordability

Keywords: Gentrification; neighborhood change; migration; mobility (search for similar items in EconPapers)
JEL-codes: J62 R11 R21 R23 R28 (search for similar items in EconPapers)
Pages: 57 pages
Date: 2019-07-16
New Economics Papers: this item is included in nep-geo and nep-ure
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedpwp:19-30

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DOI: 10.21799/frbp.wp.2019.30

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