What is the key to gentrification?

 As gentrification transforms neighborhoods and cities across the globe, Guerrieri, Hurst, and Hartley’s research suggests a model for how and where this change occurs. 

How gentrification works in reverse

Detroit’s long bust provided Professors Veronica Guerrieri and Erik Hurst, along with Daniel Hartley, the opportunity to see if their model, built to measure the effects of a housing boom, worked in reverse.