Three housing myths, debunked: poverty, property values, and gentrification

Three housing myths, debunked: poverty, property values, and gentrification

​Flickr: Mark Moz: Labeled for reuse

Homeownership can come with a hefty supply of emotions, paperwork and financial planning. And as one grows more attached to a residence over the years, feelings often deepen as house becomes home and memories start to accumulate.

So when terms like gentrification, poverty and low-income housing are bandied about in your neighborhood, you may be somewhat wary. But not so fast. Common misconceptions surround these topics. Myths abound. University of Washington Evans School of Public Policy and Governance Professor and Urban@UW executive committee member Scott Allard addresses the falsehoods and truths behind them.

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​Originally posted on Tri-City Herald by Chicago Tribune