Losing Ground: The 2020 Displacement Risk Indicators Matrix (D.R.I.M.) Update for Newark

CLiME

10, October 2022

Newark housing is too expensive for its residents. 

CLiME’s Displacement Risk Indicators Matrix—or DRIM—originated in 2017 as a tool to measure the risk of Newark resident displacement as a result of gentrification.  We found then and now that displacement risk continues to be a serious threat to housing stability in Newark as rents rise dramatically among a city of mostly renters.  Yet the cause does not appear to be traditional gentrification, because the demographic profile of who lives in the city, their incomes, educations and poverty rates have not changed as dramatically as rents. 

The DRIM is divided into three sets of variables set across the city as a whole, the five wards and, for the first time, neighborhoods: vulnerability, market dynamics and “gentrifier population.”  Vulnerability variables ask about the economic stresses that households feel.  Market dynamics variables ask about rental affordability and new construction.  Gentrifier population variables ask whether the city is seeing an influx in the people whose race, housing wealth and educational attainment is associated with gentrifying populations in other cities. 

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Losing Ground: The 2020 Displacement Risk Indicators Matrix (D.R.I.M.) Update for Newark