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Submitted by garbanzito on Fri, 07/12/2013 - 20:22
in

… signs began to appear that middle-income households were moving into Baker, radically altering the neighborhood’s profile. Young white couples and singles, attracted by Baker’s distinctive homes, affordable prices, and convenient location, were apparently buying their first homes in the neighborhood. Many statistical indicators confirm that Baker was, indeed, undergoing revitalization…

after you ponder this description of change in Baker, one that anyone who has been here even a few years would say is familiar, you may be surprised to read the full text (starting on page 85) of Revitalizing America's Cities: Neighborhood Reinvestment and Displacement

the year is 1978!

read on and you’ll learn that in 1972 Baker was declared “blighted”, and then

The median sales price more than tripled between 1972 and 1979. In 1972 the highest price pad for a Baker home was $26,000; $65,000 was the highest in 1978. It is noteworthy that “condo fever" has not yet hit Baker. As of June 1980, there was only one condominium building in the entire neighborhood.