San Antonio is a poor city by several metrics. We have below average home ownership, above average poverty. San Antonio is also a cheap city with cost of living significantly lower than other like-sized cities. But what happens when housing prices valuations start to go up?
A study being conducted by Christine Drennon, director of urban studies at Trinity University, has had early findings coming in and the results are showing several neighborhoods with ascending property values.
But it also shows many more that aren't.
Gentrification can be an emotionally loaded word and the study's findings are pointing in its direction at least for a few. District 1 Councilman Diego Bernal, who asked for the study, has stated he is interested in crafting some sort of ordinance to assist homeowners with the impacts.
- Diego Bernal, District 1 city council member
- Christine Drennon, director of urban studies at Trinity University
*This is the first segment in the June 16 edition of The Source, which airs at 3 p.m. on KSTX 89.1 FM. Audio from this show will be posted by 5:30 p.m.