The Consequences of Gentrification: A Focus on Residents’ Financial Health in Philadelphia

The Consequences of Gentrification: A Focus on Residents’ Financial Health in Philadelphia
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中产阶级化的后果:关注费城居民的财务健康

DOI:
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发表时间:
2016
期刊:
影响因子:
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通讯作者:
Jackelyn Hwang
Jackelyn Hwang
中科院分区:
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文献类型:
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作者:
Lei Ding;Jackelyn Hwang

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关于士绅化对社区和居住在其中的人的影响,存在着相当大的争论和争议。本文利用一个独特的大型消费信用数据库,考察了2002-2014年间费城中产阶级化与居民信用评分之间的关系。我们发现,对于那些留下来的人来说,中产阶级化与居民信用评分的平均变化呈正相关,而且对于中产阶级化较高级阶段的社区的居民来说,这种关系更强。如果不搬家,中产阶级化也与不那么有利的居民(信用评分低、年长或更长的居民,以及那些没有抵押贷款的居民)的信用评分变化呈正相关,尽管这种积极关联的幅度小于优势居民。尽管如此,离开中产阶级化社区的居民、搬到低收入社区的居民以及与留下来的居民相比,搬到城市内(而不是城市以外)任何其他社区的居民的信用评分变化,都是负相关的。结果表明,中产阶级化与居民财务健康之间的联系是不平衡的,特别是对处于不利地位的居民来说。
There have been considerable debate and controversy about the effects of gentrification on neighborhoods and the people residing in them. This paper draws on a unique large-scale consumer credit database to examine the relationship between gentrification and the credit scores of residents in the City of Philadelphia from 2002 to 2014. We find that gentrification is positively associated with changes in residents’ credit scores on average for those who stay, and this relationship is stronger for residents in neighborhoods in the more advanced stages of gentrification. Gentrification is also positively associated with credit score changes for less advantaged residents (low credit score, older, or longer term residents, and those without mortgages) if they do not move, though the magnitude of this positive association is smaller than for their more advantaged counterparts. Nonetheless, moving from gentrifying neighborhoods is negatively associated with credit score changes for less advantaged residents, residents who move to lower-income neighborhoods, and residents who move to any other neighborhoods within the city (instead of outside the city) relative to those who stay. The results demonstrate how the association between gentrification and residents’ financial health is uneven, especially for less advantaged residents.
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