Phenomenon of Gentrification


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Uploaded on Sep 28, 2021

PPT on Phenomenon of Gentrification.

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Phenomenon of Gentrification

PHENOMENON OF GENTRIFICATI ON What is Gentrification? Gentrification is a process of urban development in which a city neighborhood develops rapidly over a short time, changing from low to high value. Source: www.investopedia.com Demographic Shift The term is defined by a significant demographic shift an increase in the number of affluent residents in a nabe and a decrease in the number of poorer residents. Source: www.brownstoner.com Coined by a Brit Ruth Glass, a British sociologist, first came up with the term in 1964 when describing how middle-class people were moving into formerly working- class neighborhoods in London and displacing the less affluent residents. Source: www.brownstoner.com Human rights violation Gentrification has been invoked in everything from criticism of a developer’s tone-deaf trash party to the cause of helicopter parenting, and even called a human rights violation. Source: www.brownstoner.com Relationship with development Because of gentrification’s tangled relationship with development and economic and racial tensions, people sometimes confuse it with phenomena like new construction, the proliferation of cafes, and conflicts between ethnic groups. Source: www.brownstoner.com Gentrification Poses Complex Issues Gentrification is a complex social issue with both benefits and drawbacks. Young families welcome the opportunity to buy reasonably priced homes in a safe community with sound infrastructure, and a wide choice of amenities and services. Source: www.investopedia.com Why Gentrification Is Controversial? Gentrification has become controversial because, historically, it has come with a significant component of discrimination against racial minorities, women and children, the poor, and older adults. Source: www.investopedia.com CAUSES OF GENTRIFICATION Tight housing market dynamics Tight housing market dynamics play a critical role in causing gentrification and can vary from one location to the next. Source: www.investopedia.com Preference for city amenities Preference for city amenities can play a factor because certain demographic groups have traditionally preferred to live in urban neighborhoods because of attractions like cultural venues, a plethora of appealing restaurants and shops, vibrant street life, and population diversity. Source: www.investopedia.com Increased traffic congestion Increased traffic congestion can contribute because as metropolitan populations rise and infrastructure ages, the resultant increase in traffic congestion and commute times, along with the consequent decline in quality of life, can contribute to gentrification. Source: www.investopedia.com