Baltimore Among Most Gentrified Metros

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Boston is the most gentrified city in America, according to a report by the Cleveland Fed. Three others – Seattle, New York and San Francisco – too have significant shares of neighborhoods that could gentrify.

Daniel Hartley, author of the study, identifies a neighborhood as gentrifying “if it is located in the central city of a metropolitan area and it goes from being in the bottom half of the distribution of home prices in the metropolitan area to the top half between 2000 and 2007.”

Read more at  Citybizlist

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