An Analysis of How the Housing Market Affects Impoverished Neighborhoods

An Analysis of How the Housing Market Affects Impoverished Neighborhoods

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I. Introduction
The housing demographics of low-income communities have large effects for residents living in those areas. The objective of this report is to shed light on how the housing market in the city of Oakland affects current and future residents. In order to analyze its affects, I look at several factors within the housing market. There are several factors explaining why cities similar to Oakland are continually impoverished and deprived. Some of the factors that explain why cities like Oakland stagnate and remain impoverished are the income distribution and poverty levels of residents in Oakland over the past decade, the increase in rent and/or spending on housing, and the current condition of housing stock. Together, these factors illustrate the lack of housing available to be rented to households, despite the growing number of vacancies during the ten-year period. This may lead to further degradation to the city of Oakland and migration out of Oakland. Among many others, these factors within the housing market are important in our analysis of why impoverished communities remain poor, because the residents have little to no upward economic mobility to sustain themselves.

II. Data and Methods
The U.S. Census Bureau and American Community Survey (ACS) act as the primary datasets for this report. The U.S. Census Bureau “consists of 813 detailed tables of Census 2000 social, economic and housing characteristics compiled from a sample of approximately 19 million housing units (about 1 in 6 households) [from nine major race] that received the Census 2000 long-form questionnaire” (1) while the ACS annually conducts a sample that covers topics such as “educational attainment, income, health insurance coverage, occupation, lang...

... middle of paper ... residents and the city in the long-run.

Works Cited

1. US Census Bureau. “United States census 2000—summary file 3”. . Accessed 31 March 2014.
2. U.S. Census Bureau. “2008-2010 American Community Survey 3-Year Estimates”. Accessed 31 March 2014.
3. U.S. Census Bureau; Census 2010, Summary File 3; using American FactFinder; ; (30 March 2014).
4. U.S. Census Bureau; American Community Survey, 2010 American Community Survey 3-Year Estimates; using American FactFinder; ; (28 March 2014).
5. U.S. Census Bureau. Income, Poverty, and Health Insurance Coverage in the US: 2010. Report. . P. 15. Accessed 2 April 2014.

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