- Gentrification is the process of more affluent people and businesses moving into historically less affluent neighborhoods.
- Gentrification is a process by which affluent residents and businesses move into a neighborhood, changing its essential character.
- Government funds earmarked for urban renewal were commonly used to finance the wholesale gentrification of working-class or poor neighborhoods.
- Some argue that gentrification has more pros than cons, and some speak in favor of negative aspects. It often boils down to a difference in political values.
- The CDC (Centers for Disease Control and Prevention) defines gentrification as the “transformation of neighborhoods from a low value to high value.”
- However, when large companies with an upscale and specialized workforce move into an area, the result is more often gentrification.
- Put simply, due to gentrification; an area becomes safer, more expensive, bustling, and more desirable. Gentrification is a controversial topic.
- Gentrification - an overview | ScienceDirect Topics.
- Figuring out Gentrification. Gentrification is derived from "nobility," which historically alluded to individuals of a raised social status.