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2022: Creating a Lexicon of Future
G is for Gentrification
Gentrification is the process of changing the character of a neighborhood through the influx of more affluent residents and businesses. It is a common and controversial topic in urban politics and planning. Gentrification often increases the economic value of a neighborhood, but the resulting demographic displacement may itself become a major social issue.
Gentrification often shifts a neighborhood’s racial or ethnic composition and average household income by developing new, more expensive housing and businesses in a gentrified architectural style and extending and improving resources that had not been previously accessible.
It is the process whereby the character of a poor urban area is changed by wealthier people moving in, improving housing, and attracting new businesses, typically displacing current inhabitants in the process.~ Wikipedia
Gentrification Explained
“Gentrification Explained” is a short video that unpacks what gentrification really means, getting beyond the buzzword. The video addresses what led to gentrification, what gentrification looks like on the ground, and the impact of gentrification on communities, including displacement. ~ What Are Gentrification and Displacement
