What's Gentrification?

[R_P_A_S]

Yeah.. whats with that??

[Janus]

It is just a way to "clean up" certain areas through restoration and property value increases so as to displace lower income families.

[which doctor]

Lot's of "yuppies" and "hipsters" move into a working class neighborhood. The new people drive rent prices up and tear down old neighborhood stores to build condos, organic grocery stores, and fancy restauraunts.

It has it's benefits, but is mostly negative.

[Pawn Power]

Gentrification is a process of "renovating" supposed “dilapidated” areas. Often given the label as "urban renewal" gentrification transforms areas that are said to be "blighted" into more "prosperous” areas. Areas that are deemed "blighted" are thoughts that do not yield high taxes or that areas that a developer of corporation wants. The residents are removed with the use of eminent domain, their homes torn down, and the new commercial or expensive residential buildings go up, which returns more tax money.



Lot's of "yuppies" and "hipsters" move into a working class neighborhood. The new people drive rent prices up and tear down old neighborhood stores to build condos, organic grocery stores, and fancy restauraunts.

It has it's benefits, but is mostly negative.


The "yuppies" and "hipsters" move in after the renovation has taken place, because they are the one's who can afford the higher priced rents. With a wealthier population in the area, the commercial buildings fall in place.

The only benefits are for the corporations and the state, not the working class and clearly not the displaced residents.


It is just a way to "clean up" certain areas through restoration and property value increases so as to displace lower income families.

I don't think the primary goal initial goal is to remove the lower income population. They are merely "in the way" of the new construction and must be moved because they have nothing, capital, to offer to the state of the new business entering the area.
However, there are instances in which a city intentionally pushes the poor out of certain areas to make it more "presentable" to business investors and those who have capital in a future hope of increased development and profit.

[Demogorgon]

They get rid of those horrid foreign people and move in nice middle class white folks! :rolleyes:

Basically they raise the cost of rent and property values so poor people can't afford to stay any more and get deplaced. And in come the middle class lot.

Some people says it cleans up neighbourhoods, but of course all that happens is people are displaced and things get worse and worse.

And of course there is an undercurrent of racism as well, as the people moving in are often white and the ones put out aren't.