Your Wallet: Gentrification and your finances

Marketplace Weekend Staff Dec 5, 2014
HTML EMBED:
COPY

Your Wallet: Gentrification and your finances

Marketplace Weekend Staff Dec 5, 2014
HTML EMBED:
COPY

We asked, you answered: what does gentrification mean for your personal finances? It could be higher rent, or higher property values. A larger variety of stores, meaning sometimes, residents spend more when they shop in their neighborhood. Pricier coffee, less parking, a wide variety of economic changes. 

Marketplace took a special look at gentrification and neighborhood transformation through the eyes of a pop-up bureau established by the Wealth and Poverty desk in Los Angeles’ Highland Park neighborhood. Krissy Clark and Linsday Foster Thomas joined Marketplace Weekend to talk about how changing neighborhoods impact personal finances. 

 

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.