{"id":245,"date":"2013-06-17T13:00:01","date_gmt":"2013-06-17T13:00:01","guid":{"rendered":"https:\/\/naccarato.org\/sthenri\/?p=245"},"modified":"2013-06-19T21:45:52","modified_gmt":"2013-06-19T21:45:52","slug":"gentrification","status":"publish","type":"post","link":"https:\/\/naccarato.org\/sthenri\/gentrification\/","title":{"rendered":"Gentrification"},"content":{"rendered":"

(n)\u00a0<\/span>gentrification<\/b>: the restoration of run-down urban areas by the middle class (resulting in the displacement of\u00a0low-income residents) \u00a0<\/span>wordnetweb.princeton.edu<\/a><\/span><\/p>\n

\"D\u00e9veloppements
\n<\/a> Image: D\u00e9veloppements \u00e0 Griffintown, Montr\u00e9al | Axel Drainville (-AX-) | 2012<\/span><\/p>\n

Effects<\/span><\/strong><\/span><\/p>\n

As rent-gap theory would predict, one of the most visible changes the gentrification process brings is to the infrastructure of a neighborhood. Typically, areas to be gentrified are deteriorated and old, though structurally sound, and often have some obscure\u00a0amenity\u00a0such as a historical significance that attracts the potential gentrifiers.[17]<\/a><\/sup>\u00a0Gentry purchase and restore these houses, mostly for single-family homes. Another phenomenon is \u201cloft conversion,\u201d which rehabilitates mixed-use areas, often abandoned industrial buildings or run-down apartment buildings to housing for the incoming gentrifiers.[17]<\/a><\/sup>\u00a0While this upgrade of housing value is the superficial keynote to the gentrification process, there are a greater number of less-visible shifts the gentry bring with them into their new neighborhoods (wikipedia<\/a>).<\/span><\/p>\n

\"gentrification02\"<\/a>Image: Momento (01), Montr\u00e9al | Naccarato | 2011<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Positive<\/th>\nNegative<\/th>\n<\/tr>\n
Higher incentive for property owners to increase\/improve housing<\/span><\/td>\nDisplacement through rent\/price increases<\/span><\/td>\n<\/tr>\n
Reduction in crime<\/span><\/td>\nSecondary psychological costs of displacement<\/span><\/td>\n<\/tr>\n
Stabilization of declining areas<\/span><\/td>\nCommunity resentment and conflict<\/span><\/td>\n<\/tr>\n
Increased property values<\/span><\/td>\nLoss of affordable housing<\/span><\/td>\n<\/tr>\n
Increased consumer purchasing power at local businesses<\/span><\/td>\nUnsustainable speculative property price increases<\/span><\/td>\n<\/tr>\n
Reduced vacancy rates<\/span><\/td>\nHomelessness<\/span><\/td>\n<\/tr>\n
Increased local fiscal revenues<\/span><\/td>\nGreater take of local spending through lobbying\/articulacy<\/span><\/td>\n<\/tr>\n
Encouragement and increased viability of further development<\/span><\/td>\nCommercial\/industrial displacement<\/span><\/td>\n<\/tr>\n
Reduced strain on local infrastructure and services<\/span><\/td>\nIncreased cost and changes to local services<\/span><\/td>\n<\/tr>\n
Reduction of suburban sprawl<\/span><\/td>\nDisplacement and housing demand pressures on surrounding poor areas<\/span><\/td>\n<\/tr>\n
Increased social mix<\/span><\/td>\nLoss of social diversity (from socially disparate to rich ghettos)<\/span><\/td>\n<\/tr>\n
Rehabilitation of property both with and without state sponsorship<\/span><\/td>\nUnder occupancy and population loss of gentrified areas<\/span><\/td>\n<\/tr>\n
Source: Loretta Lees, Tom Slater, and Elvin Wyly,\u00a0Genrification Reader,<\/i>\u00a0p.\u00a0196. \u00a9 2008 Routledge.; Rowland Atkinson and Gary Bridge, eds.,\u00a0Gentrification in a Global Context: the New Urban Colonialism,<\/i>\u00a0p.\u00a05. \u00a9 2005 Routledge.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Links relating to Gentrification:<\/span><\/p>\n