What happens when you divide the median home sale price of a neighborhood by its median household income? Well, when that figure gets all big and top-heavy, you get a sense of where buyers are shelling out a lot for real estate while most of the neighbors still aren't earning too much. So, yup, that means those areas are gentrifying. Gothamist and Property Shark mapped and color-coded the data, and the dark purple spots?see parts of Bed-Stuy, Prospect Lefferts Garden, Nolita, and Sunset Park?mean that those neighborhoods are on the up and up. Or just up. That must be why they're calling it the "unaffordability map." [Gothamist; previously]
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