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Urban Renaissance or Invasion: Planning the Development of a Simulation Model of Gentrification

Chapter

Abstract

Gentrification has gone from being perceived as a process that cities should avoid at all costs to a welcome result of sound economic redevelopment policy. This transformation in perception is rooted in the recent decoupling of the inflow of high-status residents to the urban core from the outflow of low-status residents. However, it is unclear whether this decoupling is based on an actual lack of a relationship between displacement of the poor and urban resettlement by the rich or is rather a relic of the empirical difficulty of empirically tracking the movements of displaced populations. In this chapter, we propose assessing the extent to which the decoupling of gentrification and displacement is warranted by deriving an agent-based residential sorting model to represent the dynamics of urban neighborhood change.

Keywords

Neighborhood Characteristic Real Estate Market Simulation Trial Wicked Problem Residential Demand 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media, LLC 2012

Authors and Affiliations

  1. 1.Center for Public Administration and Policy, School of Public and International AffairsVirginia Polytechnic Institute and State UniversityAlexandriaUSA

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