What does “gentrification” mean and what are “gentrified” neighboorhoods in modern day united states?
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It means that a working class neighborhood over time becomes a middle or upper class neighborhood.
Property values increase, crime theoretically goes down, businesses move in and replace the low income friendly businesses that were there before. Basically, quality of life goes up but so do the costs, and a lot of the times the people who were living there before have to move somewhere else, usually to be replaced by wealthier and whiter residents.
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