What does “gentrification” mean and what are “gentrified” neighboorhoods in modern day united states?
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It’s the process whereby a poor neighborhood is shifted into a wealthy one… however:
The main thing in particular about gentrification is that, the people aren’t becoming wealthier.
Rather the poorer people are being replaced with wealthier people, the previous residents remain poor, but are eventually forced out because they cannot afford the raised prices that the new residents have caused.
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