Other than that they're largely different groups of people. It's mostly young professionals displacing blue collar workers and racial minorities.
With some exceptions like Manhattan, graduates of 20 to 30 years ago didn't live in city cores or often even commute to them. In my grad school class--the New Yorkers aside--almost no one I knew moved into a city. They were all out in the suburbs, which is where most of the companies they worked for were located as well.
Yea, I know. And since they track people by tax returns it can't literally be the rich newcomers who are the today datapoint. But I'm still pretty dubious about the causality they claim.
With some exceptions like Manhattan, graduates of 20 to 30 years ago didn't live in city cores or often even commute to them. In my grad school class--the New Yorkers aside--almost no one I knew moved into a city. They were all out in the suburbs, which is where most of the companies they worked for were located as well.