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作者

Elora Lee Raymond;Ben Miller;Michaela McKinney;Jonathan Braun

来源

来源 HOUSING POLICY DEBATE,Vol.,Issue.

语言

英文

关键字

作者单位

a School of City and Regional Planning, Georgia Institute of Technology, Atlanta, USA;b English Department & Department of Quantitative Theory and Methods, Emory University, Atlanta, Georgia, USA;a School of City and Regional Planning, Georgia Institute of Technology, Atlanta, USA;a School of City and Regional Planning, Georgia Institute of Technology, Atlanta, USA

摘要

Displacement of Black communities through gentrification is a major concern among policymakers, community groups, and advocates. This research investigates whether investor purchases of multifamily rental housing predict evictions and the displacement of Black residents from Atlanta, Georgia, between 2000 and 2016. In a series of quantitative analyses, we identify the financialization of rental housing and subsequent eviction-led displacement as key neighborhood-level processes in racial transition and the gentrification of Atlanta. We find that eviction judgments grew by 8% annually in the Atlanta region, and same-site apartment sale prices increased by an average of $5.5 million. Investor purchases of rental housing in a neighborhood predict a spike in eviction judgments in the same year, and presage racial transition. Neighborhoods with investor purchases of apartment buildings lose 166 Black residents and gain 109 White residents over a 6-year period compared with adjacent neighborhoods with no investor purchases.