Dear Colleagues,
could anyone please suggest conceptual work on gentrification and housing price?
many thanks!
Best, June
Possibly design a quantitative quasi-experiment：set a control group—ungentrified projects and a treatment group—gentrified projects, then use the Difference-in-Difference Model to examine the impact of gentrification on housing price. But I don't know whether someone has done this~~
There has been a lot of material since Ruth Glass coined the term in 1964 . https://bartlett100.com/article/ruth-glass-and-coining-gentrification. In Britain the discussion has always been class-based (eg paton 2016) and originally surrounding slum clearance for public high-rise housing. Palen and London covered a lot of the early material.
In Australia my late colleague Chris Maher wrote extensively.Article Building Activity and Soeio-Economic Change in Inner Melbour...
In the US, Brian JL Berry was very influential in the late '70s. There's plenty of US material on neighbourhood revitalization (see Google Books) - and there are recent books on the topic (Lees et al, Moscowitz).
In French, I recommend the various works of a sociologist, Jean-Yves Authiez. Gentrification was the main subject of his researh
Best wishes
OZ
I see the actual question related to the effect of gentrification on housing prices. Most of the discussion has been qualitative or anecdotal - specifically relating to pricing of original residents out of the market. There is a strong relationship between average tract income and local rents, an even greater one for house prices, - and this could possibly be used for estimation as local household incomes rise. There's also definitely a 'reverse tipping' phenomenon - once the proportion of improved houses in a street or neighbourhood hits a threshold, demand and prices start racing away. I don't think anyone has tried to identify that threshold - but clearly there's a lot of interesting work that could be done.
Dear June,
You probably know these réflexions by P.A. Redfern:
https://journals.sagepub.com/doi/abs/10.1080/0042098032000136101
Article What Makes Gentrification 'Gentrification'?
I also use:
Guerrieri et al.
https://www.sciencedirect.com/science/article/abs/pii/S0047272713000297#!
I you read French, you might be interested in:
Anne Clerval and Antoine Fleury:
https://journals.openedition.org/espacepolitique/1314
and these conceptual réflexions by Alain Bourdin:
https://www.cairn.info/revue-espaces-et-societes-2008-1-page-23.htm
Dear June, Chris Hamnett (https://www.kcl.ac.uk/people/professor-chris-hamnett) has done extensive work on that subject, as well as examining in depth the case of London. Best, João Pedro
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