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Topic:gentrification

gentrification

Since 2021, aggregated from related topics

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    Gentrification refers to the process of urban revitalization characterized by the influx of wealthier residents and businesses into a formerly working-class or low-income neighborhood. This often leads to increased property values, higher rents, and changes to the social and cultural fabric of the area. Gentrification can have both positive and negative impacts on a community, including economic growth and increased investment, but also displacement of long-time residents and loss of affordable housing. Researchers study gentrification to better understand its causes, consequences, and potential policy solutions to address its social and economic challenges.

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