Gentrification and urban gentrification refer to the changes that result when wealthier people (“gentry”) acquire 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 times this influx is motivated by a desire to experience an environment that is truly authentic and in doing so will erode the actual authenticity of a place. This video is a quick description of Gentrification, thanks for stopping by.
for a better understanding check out;
Suleiman Osman’s The Invention of Brownstone Brooklyn: Gentrification and the Search for Authenticity in Postwar New York
or
A Neighborhood That Never Changes
Gentrification, Social Preservation, and the Search for Authenticity
by Japonica Brown-Saracino
Outbound with Matt Ulinski 