Transit-induced gentrification and displacement: The state of the debate

Abstract Investments in new transportation infrastructure hold the potential to transform urban socioeconomic landscape by reshaping accessibility and encouraging developments around these investments. This chapter outlines theoretical arguments for why how transport, specifically rail transit, is expected impact composition of neighborhoods reviews relevant empirical literature on subject. Neighborhood change, including gentrification, can be viewed as product shifts residential sorting residents reacting placement a (transit) amenity which may place increased demand living particular area. an upward pressure nearby housing values rents, affecting those willing able afford price premiums, thus spurring or accelerating gentrification. Rising land also lead disproportionate exit lower-income unable keep up with elevated rents property taxes. To date, evidence link between transport investments gentrification has mixed findings, very often underscoring importance local context directing neighborhood's path. Research overwhelmingly centered aggregate neighborhood changes, but several studies have recently emerged that center individual movements give rise neighborhood-scale outcomes.