Economics
Urban Gentrification and Displacement of Minority-Owned Businesses
Quick fact
A study of Portland, Oregon found that between 2000 and 2010, the number of minority-owned businesses in gentrifying neighborhoods declined by 40%, while non-minority-owned businesses increased by 10%.
Why this is interesting
Imagine your favorite neighborhood bookstore suddenly replaced by a luxury café. Why do long-standing local businesses disappear when a city 'improves'?