- Gentrification comes from the British word, “gentry,” which refers to wealthy landowners. There is also a cultural aspect of gentrification.
- Gentrification Explained.428 bin görüntülemeYayınlandı19 Kas 2017
- The word "gentrification" describes various changes occurring in urban neighborhoods, including economic ones brought on by the influx of more affluent.
- 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.
- 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.”
- Government funds earmarked for urban renewal were commonly used to finance the wholesale gentrification of working-class or poor neighborhoods.
- As real estate changes, land use is also altered. Prior to gentrification these areas usually consist of low-income housing and sometimes light industry.
- As we moved in and started putting down roots, we grappled with a distressing question: Were we contributing to gentrification?
- However, when large companies with an upscale and specialized workforce move into an area, the result is more often gentrification.