An Analysis of How the Housing Market Affects Impoverished Neighborhoods

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I. Introduction
The housing demographics of low-income communities have large effects for residents living in those areas. The objective of this report is to shed light on how the housing market in the city of Oakland affects current and future residents. In order to analyze its affects, I look at several factors within the housing market. There are several factors explaining why cities similar to Oakland are continually impoverished and deprived. Some of the factors that explain why cities like Oakland stagnate and remain impoverished are the income distribution and poverty levels of residents in Oakland over the past decade, the increase in rent and/or spending on housing, and the current condition of housing stock. Together, these
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I. Introduction
The housing demographics of low-income communities have large effects for residents living in those areas. The objective of this report is to shed light on how the housing market in the city of Oakland affects current and future residents. In order to analyze its affects, I look at several factors within the housing market. There are several factors explaining why cities similar to Oakland are continually impoverished and deprived. Some of the factors that explain why cities like Oakland stagnate and remain impoverished are the income distribution and poverty levels of residents in Oakland over the past decade, the increase in rent and/or spending on housing, and the current condition of housing stock. Together, these factors illustrate the lack of housing available to be rented to households, despite the growing number of vacancies during the ten-year period. This may lead to further degradation to the city of Oakland and migration out of Oakland. Among many others, these factors within the housing market are important in our analysis of why impoverished communities remain poor, because the residents have little to no upward economic mobility to sustain themselves.

II. Data and Methods
The U.S. Census Bureau and American Community Survey (ACS) act as the primary datasets for this report. The U.S. Census Bureau “consists of 813 detailed tables of Census 2000 social, economic and housing characteristics compiled from a sample of approximately 19 million
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