The telltale signs of gentrification aren’t hard to spot: real estate investors buying houses, rents soaring, housing prices skyrocketing, longtime residents getting displaced. And they’re all evident in the Grove Park neighborhood of Atlanta, making it part of a national pattern long mired in race, class, and not-in-my-backyard policies.
Debra Edelson, executive director of the Grove Park Foundation, describes the process as “white money pushing out Black people.”
Zoning, rent control, property-tax breaks, and taxpayer-funded affordable housing have long been used to manage growth and keep neighborhoods diverse. But new research shows the long-term failure of such tools to temper change.
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Microsoft confirms Atlanta will be major East Coast hub - Triangle Business Journal
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