gentrificación

Gentrificación refers to a process of urban change where a neighborhood undergoes renovation and improvement, typically accompanied by an influx of wealthier residents and businesses. This often leads to an increase in property values and rental costs, which can displace long-term, lower-income residents and alter the neighborhood's character and culture.

The term originated in the 1960s with British sociologist Ruth Glass, who observed the transformation of working-class areas in London. Gentrification is a complex phenomenon with both perceived benefits and drawbacks. Supporters often highlight the potential for economic revitalization, improved infrastructure, reduced crime rates, and increased tax revenue for the city. They may see it as a natural evolution of urban areas.

However, critics point to the significant social costs, particularly the displacement of vulnerable populations who can no longer afford to live in their communities. This can lead to social fragmentation and the loss of established social networks and cultural heritage. The process can also exacerbate existing inequalities and create segregated urban landscapes.

The causes of gentrification are multifaceted and can include economic factors like investment in distressed urban areas, changing housing preferences towards urban living, and public policies that encourage redevelopment. The effects vary widely depending on the specific context of the city and neighborhood involved.