What is the gentrification?

Gentrification is a highly controversial process in which urban developers transfer lower revenue and ghettos in the city into multiple luxury communities with apartments, attic apartments and richer tenants for renovated houses. Since current residents often cannot afford to pay higher rent or assume a mortgage, the generification efforts usually force them to even lower areas with an even higher rate of crime. Meanwhile, local businesses that have previously taken care of the needs of the working class can be moved, closed or sold out to new investors. Gentrification achieves its set goal of renovation and recovery, but can also create a whole new set of social and economic problems for those who have been displaced.

The concept of planned city renewal is not new, but the practice of gentrification first appeared in the 1950s, because many urban planners were looking for ways to remove urban mold. Local landords and politicians also appreciated the economic wisdom of RenoVace in the city as a means to attract middle and upper workers to the area. Government funds set aside for the renewal of cities were commonly used to finance the wholesale gertification of workers' or poor neighborhoods. For example, in San Francisco, during the 1960s, during the sixties, the HAIGHT-ASBURY district became a popular refuge for young adults displaced by the efforts of the gentrification elsewhere.

The British sociologist first identified the trend towards the renewal of cities as Gertralization in the 1960s and noted that many of these efforts were only beneficial to developers and landlords and left the current inhabitants imprisoned in an unsustainable position. Many could not afford to leave the area voluntarily, but also could not afford increased rent deposited by the landlords who are trying to earn money to make the gentification. These frustration were often led to confrontations between established inhabitants and nRich tenants of reconstructed housing.

Gentrification has a significant amount of tangible advantages for the city, making it difficult to criticize this practice. The creation of more rich neighborhoods through gentrification increases the tax base of the city, which in turn could lead to better services for all its citizens. Once the gertified area has gained a favorable reputation, other areas may agree with similar efforts about the gentrification. In this way, the city leaders seem to reduce crime and improve Blighned Inter-City Regions, which often helps to relieve fears to prevent new rich class from moving to certain parts of the city.

There are a number of advantages and disadvantages surrounding the practice of gentrification, so it helps some research before deciding whether a specific renovation project would help or damage the neighborhood in the collapse. Sometimes the solution is to help streams with low incomes will find appropriate and affordable housing elsewhere than enables the efforts to generalize completely overtake the affected area.