Monday, November 16, 2015

Lock-Out From Prosperity

California is a fortress of gentrification.

Theme: Geography of gentrification

Subject Article: "The Lock-in Effect of California's Proposition 13."

Other Links: 1. "The Geography of 'Displacement.'"
2. "When Moving Matters: Residential and Economic Mobility Trends in America, 1880-2010."
3. "For Millennials, Buying an Unaffordable Home Isn’t Always a Bad Idea."
4. "So You’re Moving To Portland."

Postscript: Article is Oregon-centric, but does a nice job of discussing interstate and intra-state migration in disaggregated terms. Using rates, California does a poor job of attracting new residents. However, the state does a "good" job of retaining them. Both trends can thank Prop 13. I'd love to know the percent of in-state movers who are renters.

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