• Put simply, due to gentrification; an area becomes safer, more expensive, bustling, and more desirable. Gentrification is a controversial topic.
  • 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.
  • Urbanization is a phenomenon that resembles gentrification in that less affluent communities are displaced by more affluent residents.
  • Opposition is also stoked by fear of gentrification—displacement of longtime residents through higher rents or property taxes.— Steven Litt.
  • Origin of Gentrification. This slang term is derived from the term “gentry” which is derived from the Old French word “genterise.”
  • Costs and Benefits of Gentrification. The largest criticism of gentrification though is its displacement of the redeveloped area’s original inhabitants.
  • Although gentrification is viewed as a market-based alternative to state-sponsored urban renewal, it cannot succeed without active state intervention.
  • “How do we ensure new parks don’t cause ‘green gentrification,’ which can lead to the exclusion and displacement of underserved communities?
  • Government funds earmarked for urban renewal were commonly used to finance the wholesale gentrification of working-class or poor neighborhoods.