Gentrification Pros And Cons

1111 Words3 Pages

Gentrification is a common issue in urbanized nations around the world. The presences of gentrification began to become common in the United States around the mid 1970s. There are many factors that affect the process of gentrification, and there are numerous social and economic consequences because of it. Gentrification can be seen as a double-edged sword, as it sets off a reaction of both positive and negative effects. According to the Merriam-Webster dictionary, gentrification is the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents. Gentrification is a common and controversial topic in urban planning. Gentrification is typically the …show more content…

One thing that suffers the most would be the culture of the community. Communities are stripped of their culture and local businesses and residents are replaced by higher-end ones. So why does gentrification occur in certain neighborhoods? According to PBS, “Gentrification tends to occur in districts with particular qualities that make them desirable and ripe for change. The convenience, diversity, and vitality of urban neighborhoods are major draws, as is the availability of cheap housing, especially if the buildings are distinctive and appealing. Old houses or industrial buildings often attract people looking for “fixer-uppers” as investment opportunities.” In my eyes gentrification seems to be more about money and business opportunities and less about preserving or revitalizing the culture and economy of a local …show more content…

In a 2015 study done by Mike Maciag of Governing.com, he found that, “Nearly 20 percent of neighborhoods with lower incomes and home values have experienced gentrification since 2000, compared to only 9 percent during the 1990s.” (2015). This means that 1 in 5 low income neighborhoods have experienced gentrification since 2000, this may seem like a staggering number but Maciag also found says, “Gentrification still remains rare nationally, with only 8 percent of all neighborhoods reviewed experiencing gentrification since the 2000 Census.” (2015). This statistic shows that gentrification is a process that affects a few neighborhoods around the nation. In an excerpt from howstuffworks.com, author Dave Roos mentions a study done in 2008. He says “researchers from University of Colorado at Boulder, University of Pittsburgh and Duke University used census data to measure the total income gain in gentrified neighborhoods over a select period of time. Interestingly, the demographic group that contributed the largest percentage to that income gain was black residents with high-school diplomas. That group contributed 33 percent of the total income gain, while college-educated whites only brought in 20 percent.” (Roos, 2011). This study shows evidence that those who benefit from gentrification are not white college-educated residents, but rather, low-income minorities with high-school diplomas. Roos

Open Document