gentrifikation
Gentrifikation is a process by which a historically undervalued urban neighborhood experiences socio-economic change through the influx of more affluent residents, higher housing costs, and new investment. The term originated in the 1960s and was popularized to describe London districts shifting from working-class to middle-class character.
Common dynamics include rising rents and property values, renovation of housing stock, the introduction of upscale
Impacts vary: while some residents experience improved services, reduced vacancy, or lower crime, long-term renters and
Policy responses include inclusionary zoning, rent stabilization, affordable housing mandates, community land trusts, and anti-speculation measures.
Debates about gentrifikation center on balancing urban renewal, improved amenities, and tax base with social equity