Contrary to the perception in the media, poverty – not gentrification – is booming in US neighborhoods. When such conditions double or triple, areas quickly fall into disrepair, services are cut, and crime escalates, according to a new report.
Media attention tends to focus on poor neighborhoods that are rapidly undergoing gentrification by way of investments and an influx of wealthier new residents, but a paper by cityobservatory.org shows a troubling trend that is more prevalent. The number of poor people living in high-poverty urban neighborhoods has more than doubled, the report found, from two million to four million over the past 40 years. Additionally, the number of high-poverty neighborhoods has nearly tripled from 1,100 to 3,100.