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gentrification |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.04 sec. |
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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. |
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African-American author and publishing industry expert Mark Allen Boone presents The Demise of Luleta Jones, a whodunit novel set in Chicago, Illinois and Nashville Tennessee about the mysterious death of a public school teacher from a recently gentrified neighborhood. We also live in an area that is becoming more and more gentrified because of gays moving into the area first. So if we look historically at the Lower East Side, you saw signs of gentrification in the early 1980s, but it was not until several real estate cycles later that it solidly became a gentrified primary market. |
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gentrified
