- Gentrification is the process of more affluent people and businesses moving into historically less affluent neighborhoods.
- Gentrification, process in which wealthier, privileged, typically white individuals move into neighbourhoods that are largely populated by poor and...
- Some of the cons of gentrification include displacement, cultural erasure and a spike in the cost of living, especially for underserved communities.
- The word "gentrification" describes various changes occurring in urban neighborhoods, including economic ones brought on by the influx of more affluent.
- Put simply, due to gentrification; an area becomes safer, more expensive, bustling, and more desirable. Gentrification is a controversial topic.
- Origin of Gentrification. This slang term is derived from the term “gentry” which is derived from the Old French word “genterise.”
- Gentrification changes the character and cultural diversity of an area, often due to the destruction of aging buildings that are cheaper to replace than renovate.
- However, when large companies with an upscale and specialized workforce move into an area, the result is more often gentrification.
- 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.”