The expansion of affluence and the financialization of real estate have marked socio-spatial urban inequality in the 21st century. These developments have contributed to the spread of gentrification and rise of supergentrification, or the further upscaling of already gentrified areas by affluent in-movers. This paper analyzes U.S. Census and American Community Survey data on Brooklyn, New York City’s largest borough, using a novel theory-driven quantitative model to uncover emerging forms of socioeconomic spatial change that expand our understanding of gentrification, supergentrification, and the impact of growing affluence on cities and neighborhoods.
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Judith R. Halasz (2021) studied this question.
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