Eastside Gentrification & the Diminishing Prospects of Home-ownership: Can neighborhoods such as Boyle Heights sustain as gateways to the American Dream?

Author

Alexandra V. Romero, Whittier CollegeFollow

Date of Award

Spring 5-1-2023

Document Type

Research Paper

Publication Title

Medium.com

Department

Whittier Scholars Program

First Advisor

Joeseph Donnelly

Second Advisor

Michelle Chihara

Third Advisor

Scott Creley

Abstract

Hit hard by gentrification that is moving further East and North into working-class neighborhoods such as Boyle Heights that were once affordable to aspiring Latino communities, home ownership is increasingly inaccessible, even for college educated and professionally employed Gen Zers. The housing market in Los Angeles, California has been preventing younger generations from owning their own home. Homeownership is changing the future of living and this article will help readers understand how the global financial market is changing, the issues of home renovations in Boyle Heights, and the differences of buying a home now than in the early 70s. Readers will understand how the future looks like for younger generations (Generation Z and millennials) and why they are the most disadvantaged group for owning a home in their near future.

Comments

Documentary: Endangered Dreams

Recommended Citation

Romero, A. V. (2023). Eastside Gentrification & the Diminishing Prospects of Home-ownership: Can neighborhoods such as Boyle Heights sustain as gateways to the American Dream?. Medium.com Retrieved from https://poetcommons.whittier.edu/scholars/12