Can we revitalize vacant neighborhoods without pricing out the current residents?
In short: This video explores how to address hyper-vacancy in urban areas while preventing gentrification. Bree Jones, an equitable housing developer and TED Fellow, discusses strategies to support home buyers and transform communities without displacing the people who already live there.
The housing market often presents a stark dichotomy: some neighborhoods become prohibitively expensive, while others contain historic homes sitting vacant due to a lack of demand. Bree Jones explores how to navigate this tension through equitable development.
By focusing on revitalizing areas experiencing hyper-vacancy, Jones proposes a model that supports new home buyers while simultaneously protecting the existing community from the displacement typically associated with gentrification.
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Sources
- Summary by Intellect · source: How to Revitalize a Neighborhood -- Without Gentrification | Bree Jones | TED
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