Gentrification Jesse Russell

Gentrification by Jesse Russell
April 19th 2012 | Paperback | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 84 pages | ISBN: 9785513284321 | 10.67 Mb

High Quality Content by WIKIPEDIA articles! Gentrification and urban gentrification refer to the changes that result when wealthier people (gentry) acquire or rent property in low income and working class communities.

Urban gentrification isMoreHigh Quality Content by WIKIPEDIA articles! Gentrification and urban gentrification refer to the changes that result when wealthier people (gentry) acquire or rent property in low income and working class communities. Urban gentrification is associated with movement. Consequent to gentrification, the average income increases and average family size decreases in the community. It is commonly believed that this results in the poorer native residents of the neighborhood, being unable to pay increased rents, house prices, and property taxes, being displaced.

Often old industrial buildings are converted to residences and shops. In addition, new businesses, catering to a more affluent base of consumers, move in, further increasing the appeal to more affluent migrants and decreasing the accessibility to the poor.

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