The Good and The Bad of Gentrification: California's Crazy Housing Market, Part 3

  • The Brickhouse Gallery & Art Complex 2837 36th Street Sacramento, CA, 95817 United States

Listen to the podcast of this discussion.

According to Realtor. com, Sacramento is #7 of the Top 10 U.S. cities that are gentrifying the fastest (we're ahead of Jersey City, Long Beach and Austin). And while our median home price increase during 2000-2015 has more than doubled, from $127,500 to $255,000, we're only 26.5 percent gentrified.

So is that something to feel happy and hopeful about, or is it an omen of bad things to come for a big group of people? That's the topic of Part 3 of our four-part panel series, "California's Crazy Housing Market."

Sacramento is often on the Top 10 List of most diverse cities. How can we gentrify our city and still keep the neighborhoods diversified in age, race and income?

But what about the long-term residents who live in those gentrifying or soon-to-be gentrified communities of Midtown, Oak Park, Upper Broadway, Del Paso Heights, West Sacramento, etc.? Are they reaping the benefits and sharing in the spoils?

Listen to the discussion about this in Sacramento's current Ground Zero of Gentrification - Oak Park.

PANELISTS

* William Burg, Sacramento historian and author -- his latest book is Midtown Sacramento: Creative Soul of the City

* Tom Karvonen, co-owner of Oak Park Brewing

* Barbara Range, owner and curator of the Brickhouse Art Gallery

* Tracy Stigler, president of St. Hope Development Company

* Katie Valenzuela Garcia, president of the Oak Park Neighborhood Association, and co-facilitator for the Sacramento Neighborhood Coalition (currently working on creating a community land trust)