What are the problems gentrification brings? Isn’t fixing up a neighborhood a good thing? How can gentrification stop?

Question

What are the problems gentrification brings? Isn’t fixing up a neighborhood a good thing? How can gentrification stop?

In: 9

Answer 1

Fixing up a neighborhood would be great if the properties were rent controlled. But when you raise the rent on a poor family because a fancy café went in across the street, you destabilize the neighborhood.