Regentrification and the Suburban Doughnut
Posted by Sonja Ebron
With the price of oil going through the roof, it’s been interesting to catalog the links to transportation, consumer goods and food. With the credit crunch in full swing, we see there are also links to housing patterns. From blackEnergy’s archives, April 2005:
I had an interesting conversation this morning with a brotha in St. Louis. He’s concerned about the regentrification of our inner cities and sees it happening all over the country. Upper middle-class White people are buying up depressed properties neighborhood by neighborhood, investing tons of money in them, and moving in. Property values rise and Black folks can’t hang on.
