"Bronzeville now has a considerably higher percentage of households earning six figures per year than does Chatham (2007-2011 ACS). This was not the case in 2000. Its rate of homeowner occupancy has increased as well, and housing prices have increased over 2000 despite the bust. So unless you're using the word gentrification to mean something new and interesting, Bronzeville pretty clearly fits the bill. Retail is still a problem, partly because most of its corridors were clobbered by "urban renewal" and arson and such. Which the article mentions and certainly makes the area less desirable to--say--me. But not to everyone, apparently. Unless Chicago stops transitioning to a post industrial economy and just withers up and dies instead, I wouldn't worry about running out of gentrifiers." —tjpuptown [Gentrification Watch]
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