Using Deep Learning to Predict Gentrification

Gentrification is a social process where wealthier households move into a neighborhood. It increases the average household income, encourages the emergence of new businesses, and causes demographic displacement. The reasons behind the troublesome gentrification of Chicago go back to the 1920s. At that time, gentrification was partly encouraged by stimulating private investment and paving the way for urban renewal operations. In the 1950s, many white families moved out of the urban neighborhoods while the Latinos, African Americans, and other minorities moved into the city.