Gentrification

Having talked anout Urban Decay, I felt the necessity of mentioning gentrification in the blog. Gentrification is defined as the process of renewal and rebuilding accompanying the influx of middle class or affluent people into deteriorating areas that often displaces earlier usually poorer residents.

Gentrification generally raises the property values and general look of a neighborhood, generally in urban centers. It is generally thought that with the rise in property values, the lower-income residents leave so there is a loss of the greater community compare to the gain in property value. However, it is argued is a Usa Today article that gentrification makes everyone better off. This is true simply because old residents dont get to move as it is said to and new residents that coem in bring wealth and liveliness to the neighborhood.

Can Amado