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Gambling with Homes, or Investing in Communities
Author:
LISC
Year:
2022
Description:
Housing speculation has been broadly understood to be a major driver of displacement and hardship for Black, Indigenous, and People of Color (BIPOC) communities and individuals. Speculation in the multifamily housing market has also been defended as a way to spark investment in older buildings where lower-income people of color often live. This research examines that assumption, by asking about tenant outcomes in buildings with the fastestrising property values