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Housing Affordability Index×Gentrification Analysis×
분야Urban StudiesUrban Studies
계열Process / pipelineProcess / pipeline
기원 연도20061979
창시자Housing-economics tradition (ratio measures); Michael E. Stone (residual-income approach)Ruth Glass (term, 1964); Neil Smith (rent-gap theory)
유형Index/ratio comparing housing cost to household incomePipeline for detecting and measuring neighbourhood socioeconomic upgrading and displacement
원전Stone, M. E. (2006). What is housing affordability? The case for the residual income approach. Housing Policy Debate, 17(1), 151–184. DOI ↗Smith, N. (1979). Toward a theory of gentrification: A back to the city movement by capital, not people. Journal of the American Planning Association, 45(4), 538–548. DOI ↗
별칭Median Multiple, Housing Cost Burden Ratio, Residual Income Affordability, NAR Housing Affordability IndexGentrification Measurement, Neighbourhood Upgrading Analysis, Rent Gap Analysis, Displacement Risk Analysis
관련44
요약A housing affordability index summarises how the cost of housing in a city or market relates to what households can pay, condensing prices, rents and incomes into a single interpretable number. The simplest forms are ratios — the median house price divided by median income, or housing outlays as a share of income — while the residual-income approach championed by Michael Stone instead asks what is left for everything else after housing is paid. Together these measures let analysts compare affordability across places and over time, flag cost-burdened populations, and track housing stress as markets shift.Gentrification analysis is the set of methods used to detect, measure, and map the process by which a previously disinvested, lower-income neighbourhood is upgraded through an influx of capital and higher-status residents, often displacing the existing population. It typically combines repeated small-area census data on income, education, tenure, and rents with housing-market indicators to compute change indices that flag where socioeconomic status is rising fastest. Grounded in Neil Smith's 1979 rent-gap theory, the analysis frames gentrification as the reinvestment of capital in places where the gap between actual and potential land rent has grown large enough to be profitable.
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