Media Outlet:
Bloomberg News Publication Date:
Description:
Jeanna Smialek of Bloomberg News highlights a new study co-authored by Profs. David Autor, Christopher Palmer, and Parag Pathak that shows a link between crime reduction and gentrification. According to the study, in Cambridge “a sudden end to rent control in 1995 caused overall crime to fall by 16 percent, a drop driven by property crime,” explains Smialek.