Illuminating report suggests gentrification effects not as bad as feared

Newell Normand
Friday, July 19th
We hear all the time about how gentrification hurts residents and neighborhoods, even as new residents and businesses move in; but a new report from the Federal Reserve Bank of Philadelphia and National Opinion Research Center finds that there are many benefits to long-term residents in gentrifying areas. Newell talks to real estate analyst Arthur Sterbcow about the details