|View of downtown from Lockwood Park|
As Bekah points out in her articles, gentrification is typically defined by the movement of higher socio-economic group into a less affluent neighborhood resulting in significant changes in the local culture. While it's hard to measure the actual effects of gentrification there is some evidence that property values tend to increase, rents also tend to increase and some displacement of people takes place as rents go up as a result of gentrification. In the five years that we have lived in Dignowity we have certainly seen a small but key movement of professionals, creative types and city government workers into the neighborhood who want to live closer to the downtown action but do not want to live or can afford downtown condos.
You can find Bekah's postings on the Rivard Report at: http://www.therivardreport.com/