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Residential integration by Income and Housing Market stability
  • sunglyoung Kim
sunglyoung Kim
NYU Center for Urban Science & Progress

Corresponding Author:[email protected]

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Abstract

The attractiveness of the City is a hard-fought victory, as for the first time in decades more people are moving to or staying in the City than leaving, said Mayor Bill De Blasio when introducing his inter agency plan “Housing New York; A Five Borough, Ten Year Plan”, an initiative has been launched in July 2014, aiming to address the escalating problem of New York City’s housing crisis. But is this urban victory successful to truly benefit the majority of New York City’s residents? This study focuses on neighborhoods Income Integration level and its relationship with housing market stability, represented by  rent burden, at census tract level between 1990 and 2010. Furthermore, spatial autocorrelation analysis was performed to analyze the patterns of clustering and dispersing of the two criteria. Finally, a multivariate regression model had been developed to predict rent using income, income integration level and rental units number. We found that..... TBCAbstract content goes here