Litigation against gentrification Hwang discovers factors that can cause neighborhood changes: Households might be more attracted to a neighborhood because of (1) increases in access value, (2) increases in amenity value, or (3) decline in housing prices relative to other neighborhoods. These factors attract investors and eventually leads to gentrification.
liTigaTioN againsT GeNtrIFicatIon hWang DisCovErs factORs ThAt cAN cause neigHBorhoOd ChAnges: hOuseholdS miGht BE mOre attracted To a neighborhood beCA?Use of (?1) inCReASEs in aCcEss VaLue, (2) iNcRease,s In ameNITy vaLue, o.r (3) deCLiNe in HOusiNG priceS rELaTIve tO OTHeR nEIgHbOrhoO:ds. these faCToRS aTtraCt iNvesTors and EVeNtuaLly leads To gentrIfiCATion.