"Gentrification is the process of changing the character of a neighborhood through the influx of more affluent residents and businesses."
The process of renovating and improving a neighborhood, resulting in an influx of wealthier residents and businesses, often leading to displacement of original residents.
"It is a common and controversial topic in urban politics and planning."
"Gentrification often increases the economic value of a neighborhood, but the resulting demographic displacement may itself become a major social issue."
"Gentrification often sees a shift in a neighborhood's racial or ethnic composition."
"The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from neighboring cities, towns, or neighborhoods."
"Further steps are increased investments in a community and the related infrastructure by real estate development businesses, local government, or community activists and resulting economic development, increased attraction of business, and lower crime rates."
"Gentrification can lead to population migration and displacement."
"In extreme cases, gentrification can be brought on by a prosperity bomb."
"Some view the fear of displacement, which dominates the debate about gentrification, as hindering discussion about genuine progressive approaches to distribute the benefits of urban redevelopment strategies."
"Gentrification often increases the economic value of a neighborhood, resulting in economic development, increased attraction of businesses, and lower crime rates."
"The resulting demographic displacement may itself become a major social issue."
"People with higher incomes spilling over from neighboring cities, towns, or neighborhoods."
"Increased investments in a community and the related infrastructure by real estate development businesses."
"The average household income may shift as housing and businesses become more expensive."
"Resources that had not been previously accessible are extended and improved."
"Gentrification can result in lower crime rates."
"Some view the fear of displacement as hindering discussion about genuine progressive approaches to distribute the benefits of urban redevelopment strategies."
"Gentrification often increases the economic value of a neighborhood."
"Increased investments in a community and the related infrastructure by local government."
"The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from neighboring cities, towns, or neighborhoods."