Gentrification is often defined as the transformation of neighborhoods from low value to high value.
This change has the potential to cause displacement of long-time residents and businesses.
Displacement happens when long-time or original neighborhood residents move from a gentrified area because of higher
rents, mortgages, and property taxes.
Gentrification is a housing, economic, and health issue that affects a community’s history and culture and reduces social capital.
It often shifts a neighborhoods characteristics (e.g., racial/ethnic composition and household income) by adding new stores and resources
in previously run-down neighborhoods.
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