AB: The Great Recession and Shaw

Hyra, Derek, and Jacob S. Rugh. “The US Great Recession: Exploring Its Association with Black Neighborhood Rise, Decline and Recovery.” Urban Geography, vol. 37, no. 5, Nov. 2016, pp. 700–726. Taylor & Francis Online. Accessed 20 Apr. 2017.

 

In his scholarly article “The US Great Recession: exploring its association with Black neighborhood rise, decline and recovery,” Derek Hyra uses Washington D.C.’s Shaw neighborhood as an example to show the effects of the Great Recession on urban African American neighborhoods.  Hyra explains that before the housing market crash subprime lending was disproportionately received by African Americans living in predominately black communities.  However, the influx of white people to Shaw before during and after the Great Recession is important to understanding the effects of the recession in these areas.  Through his research he found that white influx into Shaw allowed for a quicker property value revival, and he argues it is important to understand how national economic changes affect gentrification.

 

This article can be used as a background source to provide general information on the macro economic shifts that shaped Shaw. The research conducted in Hyra’s article will allow me to explain how the Shaw neighborhood was able to recover after the Great Recession, and continue to develop due to its gentrification.  This article will allow me to comment on how Shaw’s African American community change in relation to the Great Recession.

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