Quote:
Originally Posted by Baronvonellis
Yes, even though the downtown areas are the most expensive, it seems younger people are going to the most expensive areas. I hope they're not blowing all their money on rent to be in all those new river north and west loop buildings. I would have though areas like Pilsen, McKinley Park, Bridgeport would see more younger people. It's very close to downtown and much more affordable. I guess those areas are only a trickle compared to downtown. Interesting.
What is going on in uptown? It seems to be gentrify pretty well with all the Flats properties, but it's loosing young people and has the second highest growth of 55+. I wouldn't have thought that just from walking around the area. On the street it looks pretty similar to lakeview in regards to age.
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Pilsen won't register simply because if you replace younger people with wealthier younger people, there won't be a net change. So the data in Marothisu's most recent post is not necessarily a good proxy at all for gentrification, particularly where you are seeing displacement of lower income households.