Gentrification
From The Art and Popular Culture Encyclopedia
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| - | [http://en.wikipedia.org/wiki/{{PAGENAMEE}}] [May 2007] | + | '''Gentrification''', or '''urban gentrification''', is a phenomenon in which low-cost, physically deteriorated [[neighborhood]]s undergo physical [[renovation]] and an increase in [[real estate|property]] [[Value (economics)|value]]s, along with an influx of wealthier residents who may displace the prior residents.[http://en.wikipedia.org/wiki/{{PAGENAMEE}}] [May 2007] |
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Gentrification, or urban gentrification, is a phenomenon in which low-cost, physically deteriorated neighborhoods undergo physical renovation and an increase in property values, along with an influx of wealthier residents who may displace the prior residents.[1] [May 2007]
