SJ gentrifying much more slowly than other Bay Area cities

Concerns about gentrification and displacement (they're not the same thing) in SJ appear to be overblown, at least compared to SF and Oakland. Louis Hansen of the San Jose Mercury News reports on a new study by the National Community Reinvestment Coalition that ranks gentrification rates (low-income, low-education families being replaced by high-income, high education residents) in major metros and finds that SJ is gentrifying at about half the rate of its northern neighbors.

The researchers looked at census data in poor communities from 2012 to 2017 for substantial rises in median household income, housing prices, and the share of residents with four year degrees to find gentrification.

Researchers identified 41 of 131 low- and moderate-income tracts in San Francisco and Oakland that saw substantial increases in household income, education, and home prices. The San Francisco and Oaklandmetro area saw 31% of its eligible communities gentrify, outpacing Denver (27.5%) and Boston (21%) as the most intensive changes in the country, according to NCRC.

In San Jose, 13 of 72 tracts--about 18%--had large gains in wealth and educational status. {Editors' note: the article does not identify whether these SJ neighborhoods also experienced increases in housing prices}

Read the whole thing here.

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