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Gentrification in the Western world

Friday, 05 October 2018 1:30 AM [ Last Update: Friday, 05 October 2018 4:37 AM ]

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To outline the continued gentrification of areas populated with ethnic minorities in the Western World. Are the poor being forced out of city life?

Gentrification is a process of improving urban neighbourhoods by attracting in more wealthy new residents, with increased economic development, better housing and lower crime rates. Its a controversial topic.

Gentrification can improve the quality of a neighbourhood, while also potentially forcing relocation of current, established residents and businesses, causing them to move from a gentrified area, to other lower cost housing elsewhere. This leads to higher rent growth a measure of gentrification.

Tenants in west London have warned that a plan to create one of the UKs biggest housing associations will lead to the social cleansing of poorer families from wealthy areas. They say the process can price out poorer families, in this case from inner London.

The same is happening elsewhere. For example in New York black-owned businesses across the city declined, and so did the African-American population in about 25 neighbourhoods across 15 years. While reasons for displacement vary, gentrification often shifts a neighbourhoods racial and ethnic composition. Average household income goes up through the development of new, more expensive housing, new businesses and improved resources. This can lead to community displacement for lower-income families in gentrifying neighbourhoods, as property values and rental costs rise.

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