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Redfin gentrification insights
What's good in the neighborhood?
Happy Saturday everyone.
Many of you in the US have used Redin or Zillow to shop for a home or an apartment. These are powerful tools to help you learn a lot about price history, home size, distance to schools, and much more.
These apps also show things like school quality rating. It dances around a more controversial issue: gentrification. Many people are looking for an affordable home or apartment in an “up and coming neighborhood,” but is this just a reframing of gentrification?
To that end, what if an app like Redfin had a gentrification score? You could show changes in poverty rate, education levels, and the arrivals of new trendy brands like Chipotle, Sweetgreen, and Warby Parker to name a few.
This would likely be a controversial feature, but my hunch is people would use something like this were it slightly repositioned.
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