Gentrification involves large-scale neighborhood change whereby new residents and improved amenities increase property … an exogenous shock to the gentrification process. We use variation induced by the sudden end of rent control in Cambridge … decontrol. Our findings establish that reductions in crime are an important part of gentrification and generate substantial …

gentrification, both by providing data in close to real time (i.e. nowcasting and forecasting) and by providing additional context … about how the local economy is changing. Combining Yelp and Census data, we find that gentrification, as measured by changes … of Starbucks (and coffee shops more generally) into a neighborhood predicts gentrification. Each additional Starbucks …

How does gentrification transform neighborhoods? Gentrification can harm current residents by increasing rental costs … principle - reduce overall social surplus. Using Census and Yelp data from five cities, we document that while gentrification is … to be slower in poor communities that do not gentrify. Consequently, the business closures that come with gentrification …