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Surge in Philadelphia Gentrification

Citified's Malcolm Burnley waxes on the pace of Philadelphia's gentrification, referring to a report by Governing magazine that found that nationwide, the pace of gentrification of low income urban neighborhoods has more than doubled since 1990. "But here's the real news. Over the same period, the pace of gentrification in Philadelphia's low income census tracts increased by a staggering factor of 1,800 percent. That's correct." [Citified]