Authors: Ridge Zackary*, CU Boulder Department of Geography
Topics: Urban Geography, United States
Keywords: Urban Geography, Gentrification, Financial Crisis
Session Type: Poster
Start / End Time: 9:55 AM / 11:35 AM
Room: Lincoln 2, Marriott, Exhibition Level
Presentation File: No File Uploaded
This project examines how the 2008 foreclosure crises interacted with race and class segregation to decimate poor and minority homeowners in Denver, CO and increased their vulnerability to processes of gentrification. Predatory lending practices leading up to the Great Recession disproportionately targeted minority and households and the resulting destruction of household wealth during the financial crisis significantly deepened the rent gap within certain neighborhoods. However, compared to nationwide tends Denver’s economy remained robust and offered affordable cost of living compared to the coasts. As the city’s economy rebounded it attracted large numbers of young, highly educated, affluent migrants from out of state with the financial resources to displace recently decimated local residents close to the city center. This project uses GIS visualization and analysis of Federal data to relate the story of demographic change and financial (mis)fortune in Denver’s working class neighborhoods.