There’s a wonderful article at Strong Towns by Daniel Herriges that folks interested in Twin Cities housing will likely enjoy. The piece contains this chart, which attempts to explain some of the real estate forces behind gentrification and disinvestment. Folks who spent much time learning about old-school urban geography eventually come across this concept — […]
One of the best ways for me to learn about different neighborhoods is to check them out through Google Maps. Their algorithm is complex enough that it shows map perimeters of Elliot Park and Downtown East, but not quite fast enough to include one for the new(er) East Town, but I digress. A few months ago, […]
From City Observatory, here’s an interesting chart ripped from a study about small business turnover and gentrification in New York City. It compares the number of businesses that close, go vacant, or are replaced with new businesses in gentrifying and non-gentrifying neighborhoods (gentrifying neighborhoods were defined as meeting a certain change in income within a census tract). Here’s […]
Governing Magazine has an article on Gentrification in America. Minneapolis is a league leader, ranking third behind only Portland and Washington. Quoting from the article: Minneapolis: After experiencing little change during the 1990s, 39 Minneapolis neighborhoods gentrified over the past decade. Key drivers of the city’s transformation are fairly typical of other gentrifying cities. Kjersti […]
Fancy new apartments: Are they expensive? We’ve heard they’re expensive. Pricing people out and ruining everything, etc. However, Minneapolis has just under 90,000 rental dwelling units. Many of them are not expensive. Some of them, in fact, are expensive but are actually located right next to ones that are not expensive. It should be noted […]