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Okay, so Pasadenan, please reconsider my original post. I was not saying that LGBT single handedly cause the total revitalization. I was asking if their movement / pattern of purchasing could be a "litmus test" for the next great investment area / neighborhood. Obviously this does not apply to Pasadena CA since that area has already seen a nearly complete revitalization. And using Census data is a "looking back" tracking of progress, not a "what's happening now" view of the trend I was referencing.
By the time a census would track the demographics of a neighborhood, it could potentially be too late. You'd almost have to track who bought first, what their orientation was at the time of purchase, and proceed from there. And i'm sure there's no serious study on this topic. I was seeking more annecdotal evidence in other states. If there is no data or annecdotal evidence in your area, it does not mean it is not still accurate in other areas.
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