Although prices for houses skyrocket from gentrification, jobs are becoming more scarce. …show more content…
People would argue that gentrification is a good thing because it limits gang territories and you can still afford nice neighborhoods that have been gentrified but that just isn't true. In fact, low-income neighborhoods are safe havens for people that for generations have made a barely livable wage. By gentrifying the neighborhood they reside in, it pushes them into different neighborhoods or even worse poverty.
Gentrification is destroying our economy and school system but on the books where the government counts it, it's showing up as a huge favor for low-income families. Gentrification is pushing thousands of people into poverty and destroying minimum wage jobs for people without a college degree by making them more scarce. Family businesses are becoming less common because in gentrified neighborhoods they have to compete with corporations that cook for quantity instead of quality taking many customers from