Gentrification has provoked considerable debate and controversy about its effects on neighborhoods and the people … effects of gentrification across neighborhoods and subpopulations. Residents in gentrifying neighborhoods have slightly higher …-income neighborhood. Moreover, gentrification is associated with some positive changes in residents' financial health as measured by …

We study how recent gentrification shocks impact Black and Hispanic neighborhoods, including where minority households … partially explained by neighborhood networks. We then use Bartik-style labor market income shocks to show that gentrification … has many effects. In Black neighborhoods, gentrification increases house prices and reduces the share of Black households …