This chapter examines how race and ethnicity get attached to neighborhood change by comparing and contrasting the presumed gentrification of two Chicago neighborhoods, Pilsen and Bronzeville: the first is predominantly black and the other is predominantly Latino. More specifically, it considers the role played by representations in the process of facilitating a neighborhood's shift toward gentrification. Drawing on observations in both Pilsen and Bronzeville, it analyzes the notion that tension arises because the higher-income households tend to identify by class rather than race or ethnicity, while the lower-income households do the opposite. It argues that both reactions to neighborhood change are opposite sides of the same coin and linked to the widespread acceptance of higher-income, usually white people displacing lower-income, usually nonwhite people.