gentrification

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Related to Urban gentrification: agglomeration

gentrification,

the rehabilitation and settlement of decaying urban areas by middle- and high-income people. Beginning in the 1970s and 80s, higher-income professionals, drawn by low-cost housing and easier access to downtown business areas, renovated deteriorating buildings in many cities, reversing what had been an outmigration of upper-income families and individuals from many urban areas. This led to the rebirth of some neighborhoods and a rise in property values, but it also caused displacement problems among poorer residents, many of them elderly and unable to afford higher rents and taxes.

Gentrification

English term for the process by which young professionals (gentry) buy into inner-city areas as part of a neighborhood preservation trend.

gentrification

the renovation and upgrading of buildings, either by programmes of planned urban regeneration or as a result of purchasing decisions made by higher-earning, white-collar, professional and managerial individuals intent on modernizing cheap, dilapidated property in previously unfashionable urban areas. Whether gentrification is planned or unplanned, the poorer sections of the community are often displaced or their needs discounted. The process is also sometimes known as urban recycling.

gentrification

The upgrading of urban property in a deteriorated area, usually resulting in the dispersal of the current residents and their replacement by a more affluent population.
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While there are a myriad of local examples with cities attempting to curtail gentrification, one must truly recognize the underlining basis of exploitation and colonization in the process of urban gentrification.
One of the largest city-center zip codes, 37206, displayed signs of urban gentrification, as EITC populations declined and non-EITC, taxpaying populations (low versus middle-to-high income) increased.
After relocating to San Francisco and co-founding the Dance Brigade in 1984, Keefer felt herself engaged and enraged by other issues--racial discrimination, official indifference to the AIDS pandemic, and the dire consequences of urban gentrification on the poor.
Macro currents are at work helping to explain this trend, especially the positive impact of a near-decade-long economic boom and gradual urban gentrification.
But agents of urban gentrification are not the strictly economic creatures they are thought to be.

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