How new buildings can actually fight displacement
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When many people look at new housing construction, they don’t just see boxy, modern, and bland architecture. They see new buildings that symbolize displacement and gentrification, or the idea that the construction comes at the cost of pushing existing residents out and replacing them with richer, whiter residents. But as Vox policy reporter Jerusalem Demsas explains, new construction in the US can actually help fight displacement.
There’s a growing body of research on what actually happens when we add units of housing to neighborhoods: market-rate units decrease displacement and rents in neighborhoods, while adding strictly affordable units decreases gentrification. And while people may not love the aesthetics of the new architecture, these buildings all look so similar for a reason: it’s the cheapest way to build, at a time when the US needs more housing quickly.
Watch the video above to find out more from Jerusalem Demsas on what these new buildings really mean for neighborhoods across the country, and how more construction — along with policies like rental assistance — can help the US housing crisis.
For further reading, check out more of Jerusalem’s housing reporting:
https://www.vox.com/22650806/gentrification-affordable-housing-low-income-housing
https://www.vox.com/22815563/rental-housing-market-racism-discrimination
https://www.vox.com/22629826/gentrification-definition-housing-racism-segregation-cities
Along with this video on how zoning laws make building affordable housing so difficult in the US:
https://www.vox.com/videos/2021/8/17/22628750/how-the-us-made-affordable-homes-illegal
Sources:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3867764
https://research.upjohn.org/up_workingpapers/307/
https://blocksandlots.com/wp-content/uploads/2020/02/Do-New-Housing-Units-in-Your-Backyard-Raise-Your-Rents-Xiaodi-Li.pdf
https://www.jchs.harvard.edu/sites/default/files/reports/files/Harvard_JCHS_State_Nations_Housing_2021.pdf
https://fred.stlouisfed.org/series/RRVRUSQ156N
https://www.zillow.com/research/methodology-zori-repeat-rent-27092/
https://archive.curbed.com/2018/12/4/18125536/real-estate-modern-apartment-architecture
https://books.google.com/books?id=S0NUaz1xGvIC&printsec=frontcover#v=onepage&q&f=false
https://www.desegregatect.org/atlas
https://www.ctdatahaven.org/data-dashboard
https://www.courant.com/politics/hc-pol-desegregate-ct-zoning-atlas-20210127-goiq7kgmvzdp7gbytznhzs7xxu-story.html
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