Jonathan Simon Explains Pros and Cons of Gentrification

The Sacramento Bee, May 12, 2009 by Stan Oklobdzija
http://www.tradingmarkets.com/.site/news/Stock%20News/2322125/

“As a neighborhood gentrifies, affluent people are more demanding consumers. They demand security,” said Dr. Jonathan Simon, an associate dean at UC Berkeley’s Boalt School of Law…. While gentrification might do great things for crime rates and land values, lower-income residents can be pushed into poorer parts of town, said Simon.