Gentrification Research Paper

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Gentrification is the process by which working-class residential neighborhoods are “rehabilitated” by middle-class homebuyers, landlords, and professional developers. Gentrification involves the rehabilitation of housing and the influx of new businesses, which can increase property values and the cost of living, making the area less affordable for existing residents. The term was invented by sociologist Ruth Glass in the 1960s to describe changes she observed in London neighborhoods, Glass described it as “One by one, many of the working class quarters of London have been invaded by the middle classes – upper and lower. Once this process of ‘gentrification’ starts in a district, it goes on rapidly until all or most of the original working class …show more content…
Urban policies and planning decisions, such as zoning changes, tax incentives for redevelopment, and investments in infrastructure, can facilitate gentrification. Government initiatives aimed at urban renewal can inadvertently or deliberately encourage gentrification. The cultural appeal of certain urban areas, often characterized by unique architecture, historic significance, or vibrant local communities, attracts middle- and upper-class individuals. Artists and young professionals are frequently the pioneers in these neighborhoods, setting the stage for broader demographic changes. Social factors, including changes in lifestyle preferences and demographic trends, contribute to gentrification. For instance, a growing preference for urban living among young professionals can lead to increased demand for housing in city centers. New York City has become the epicenter of gentrification for decades and is a prime example of gentrification, showcasing both the benefits and drawbacks of this process. The city's diverse neighborhoods have experienced varying degrees of gentrification over the decades, with significant impacts on the socio-economic
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