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Gentrification: meaning, definitions and examples

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gentrification

 

[ˌdʒɛntrɪfɪˈkeɪʃən ]

Definition

Context #1 | Noun

urban development

Gentrification is the process by which urban neighborhoods undergo a transformation through the influx of more affluent residents, leading to increased property values and changes in the cultural landscape. While it can revitalize a neighborhood, it often displaces long-standing, lower-income residents who can no longer afford to live there.

Synonyms

redevelopment, reinvestment, revitalization, urban renewal.

Examples of usage

  • The gentrification of the area has led to a rise in coffee shops and boutiques.
  • Many neighborhoods are facing gentrification, making housing unaffordable for locals.
  • Gentrification often results in a cultural shift within the community.

Interesting Facts

Historical Origins

  • The term 'gentrification' was first used in the 1960s by sociologist Ruth Glass to describe changes in London's neighborhoods.
  • The concept emerged as a response to urban decay, where affluent residents moved into areas that had previously struggled economically.
  • In the late 20th century, gentrification became prominent in major cities worldwide as property values began to rise.

Society

  • Gentrification can lead to the improvement of public services and infrastructure, but it also raises concerns about displacement and loss of cultural identity.
  • The process often involves the transformation of local businesses, with chain stores replacing independent shops, impacting community character.
  • Critics argue that gentrification disproportionately affects low-income communities, creating increased economic disparities.

Economics

  • The influx of wealthier residents typically drives up property values and rent prices, making housing less affordable for original inhabitants.
  • Investment in neighborhoods undergoing gentrification can result in improved amenities, but often excludes the original community from benefiting economically.
  • Real estate developers capitalize on the appeal of renovated neighborhoods, sometimes leading to conflicts between new and longtime residents.

Urban Studies

  • Urban planners study gentrification to understand its impacts on social dynamics, city planning, and community development.
  • Some cities have implemented policies to mitigate negative effects, such as affordable housing commitments and rent control measures.
  • The phenomenon is often linked with broader trends of urbanization and demographic shifts in cities.

Word Frequency Rank

At rank #29,748, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.