Article 68RXT Can you predict which parts of Sydney will be next to gentrify?

Can you predict which parts of Sydney will be next to gentrify?

by
Nick Evershed
from on (#68RXT)

Researchers have developed a model which uses changes in the socioeconomic status of an area to anticipate gentrification

One consequence of rising rent and house prices in Sydney is the further gentrification of inner suburbs, with wealthier people displacing poorer households in certain desirable areas.

These shifts in neighbourhood composition in Australia's largest city can have negative effects on the people displaced - people losing access to their community networks and familiar surroundings, as well as more practical concerns like access to transport and health infrastructure.

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