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Joe Cortright on Gentrification

The Strong Towns Podcast

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What's the Difference Between Gentrification and Neighborhood Change?

Jus, two other thoughts here on this whole notion of gentrification. I think it strikes me that there are kinds of two sources of cognitive bias that people bring to thinking about neighborhoods and neighborhood change and cuntrification. And the first one is, you know, we notice when stuff changes. So when a previously poor neighborhood has new housing construction and new business and different people on the street and more activity,. We really notice that, and it's very evident. On the other hand, if a neighborhood goes through this filtering process where each time a house sells, the family that moves into it have incomes that are maybe ten % lower or 20 % lower than the family that lived in

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