After decades of population loss and disinvestment, the housing market in the District of Columbia is on the rebound. Reinvestment brings benefits to the city and its current residents, but it can also have negative consequences. For example, demand for housing can become so high that housing prices are out of reach for many residents, including moderate- and middle-income households. Such consequences, often known as gentrification, can be avoided if affordable housing is preserved in areas facing high demand for homeownership.
At the Urban Institute's D.C. Policy Forum, Urban Institute researchers Margery Austin Turner and Christopher Snow shared their work in progress on leading indicators of gentrification in the District. The results could help the city, nonprofit housing providers, and community activists identify areas where rapid reinvestment seems likely to happen next.
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