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

57 Pages Posted: 17 Jul 2019

See all articles by Quentin Brummet

Quentin Brummet

University of Chicago - National Organization for Research (NORC)

Davin Reed

Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Date Written: 2019-07-16

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

JEL Classification: J62, R11, R21, R23, R28

Suggested Citation

Brummet, Quentin and Reed, Davin, The Effects of Gentrification on the Well-Being and Opportunity of Original Resident Adults and Children (2019-07-16). FRB of Philadelphia Working Paper No. 19-30. Available at SSRN: https://ssrn.com/abstract=3421581 or http://dx.doi.org/10.21799/frbp.wp.2019.30

Quentin Brummet (Contact Author)

University of Chicago - National Organization for Research (NORC)

1155 East 60th Street
Chicago, IL 60637
United States

Davin Reed

Federal Reserve Banks - Federal Reserve Bank of Philadelphia ( email )

Ten Independence Mall
Philadelphia, PA 19106-1574
United States

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