4 ms·
Gentrification == making it too expensive for low income people and businesses to be there?
by gentleman11 3y ago
Gentrification == making it too expensive for low income people and businesses to be there?
- schrijver 3y agoIsn’t that the common definition?
- alistairSH 3y agoYes. The typical pattern I've seen in DC is... 1. Neighborhood is old, run-down, inexpensive (for numerous reasons) 2. Young professionals (usually white) start moving in to save money 3. Investors/developers notice the trend and start rebuilding/redeveloping at a faster rate 4. The end result is what's frequently perceived as a bland upper-middle-class neighborhood. Somewhere between 2 and 3, the previous residents are driven out by price increases. They take their culture with them. Between that loss of diversity and zoning restrictions (typical 5-over-2 building pattern), the result usually is pretty bland (IMO).