declining neighborhoods

Why Is Gentrification Good For Society?

by

Why Is Gentrification Good For Society? On the positive side, gentrification often leads to commercial development, improved economic opportunity, lower crime rates, and an increase in property values, which benefits existing homeowners. Who benefits the most from gentrification? The richest 20 percent of households received 73 percent of these benefits, worth about $50 billion a

What Happens To Established Residents In Communities That Are Gentrified?

by

What Happens To Established Residents In Communities That Are Gentrified? While gentrification increases the value of properties in areas that suffered from prolonged disinvestment, it also results in rising rents, home and property values. As these rising costs reduce the supply of affordable housing, existing residents, who are often black or Hispanic, are displaced. What