Effects Of Gentrification On The City And Its Economy

Now days walking down the streets of Atlanta, we see the new neighborhoods consisting of condos, Starbucks, yoga classes and Chipotle. Gentrification is a growing problem in urban areas as the influx of the riches have caused the displacement of lower class families due to higher economic demands and local politics. According to Diane K. Levy, Jennifer Comey and Sandra Padilla (2005), “We define gentrification as the process whereby higher-income households move into low income neighborhoods, escalating the area’s property values to the point that displacement occurs. In addition to changes in economic class, gentrification often involves a change in a neighborhood’s racial and ethnic composition…” (p.1). Though gentrification has lasting affects on the economic status of cities, there are also repercussions that not only effect working individuals but also the students that attend school in these gentrified areas. When areas are gentrified, schools are rezoned thus leading to long lasting consequences that students must face. Some believe that gentrification is beneficial to a growing economy in a growing city, but the realities of the its lasting effects on education are often left under the radar. The issues that lie within the education system as it pertains to gentrification include day segregation and unequal opportunities between affluent and low-income areas.

Over the years, gentrification has been given many definitions from simply referring to, “…instances of new arrivals who were buying and bidding up old housing stock”, (Sanneh, 2016) to, “…disinvested areas of the city that are now experiencing rapid and significant increases in land and real estate values” (Jennings, Terrell, Douglas, Barnett & Harding, 2016, pg. 9) and many more. As noted previously gentrification is occurring throughout the world and the Midwest is not immune. The process of gentrification tends to go like so: visitors stumble upon a disinvested area that they take an interest in. Whether because the rent is cheap or the area is vibrant, they fall in love and decide to pack up their home and relocate. This scenario, from one point of view, can be seen as a story of a person deciding to broaden their horizon and see what other parts of the world has to offer. While the other point of view may see this as a possible financial burden, a cause for the major changes in the place they call their home and the likelihood of displacement.

Webster’s Dictionary defines gentrification as “the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents.” This sounds frightening to lower class citizens. However, Justin Davidson, author of “Is Gentrification All That Bad?” claims “Gentrification doesn’t need to be something that one group inflicts on another; often it’s a result of aspirations everybody shares.” Gentrification does not need to be the rich pushing the poor out. It can be the rich and the poor working together to make their city a wealthier and safer place to live. Gentrification improves communities by allowing more economic growth for all.

A study by The Urban Institute describes gentrification as “a process whereby higher-income households move into low income neighborhoods, escalating the area’s property values to the point that displacement occurs.” Gentrification generally takes place in deteriorating urban or rural areas. The purpose of gentrification is to take struggling neighborhoods and stabilize them by increasing property value. Naturally the system isn’t perfect, as it has the side effect of displacement, which can cause some people to have to move to a different location, but overall gentrification is much more beneficial than destructive on a large scale. All neighborhoods have to be improved eventually. Gentrification is simply the most effective way of doing it. Although there are some negatives associated with Gentrification, in the long run it succeeds in creating a better place for people to live, and the pros far outweigh the cons.

First, let's start with what gentrification is. Google defines it as “the process of renovating and improving a house or district so that it conforms to middle-class taste”, but the image Gentrification usually evokes when brought into discussion is hipsters moving into a run-down but charming neighborhood and transforming it into something completely different. What is a hipster? Some may call them the fairy godmothers of the once neglected area, and others may refer to them as the monsters that are displacing families to make an artisan beard oil shop, but we’ll touch on that later.

Imagine living in a neighborhood with all of your friends, family, and a new strip mall that opened down the street. Your parents are concerned but you don’t see the problem. They know that a new strip mall means new shoppers. These new shoppers are going to want to move closer to that new strip mall, and once they do, everything changes. The more middle class people move in, the higher the property value, the higher the property value, the higher the rent and mortgages are. Eventually you have to move away from everybody into a neighborhood with worse schools and a poorer economy because your parents can’t afford to be there anymore. This type of story happens everyday to low income families, the process is called gentrification. Gentrification is not a good practice, since it moves groups of people out of their homes and neighborhoods.

Gentrification brings positive long term effects to communities and cities nationwide. Direct results of gentrification for both the residents and the city are the economical growth, local job opportunities created and a higher tax base available. (Stacey Sutton, Urbanly planning Scholar, defined gentrification as): Gentrification is the process of higher status people renovating lower class urban neighborhoods to satisfy middle-higher class standards (Sutton, 2015). In the process of gentrification throughout the United States, it is positively impacting the economy in more ways than one. One benefit of gentrification is the economical growth residents benefit from.

Gentrification needs to stop. People’s lives have been adversely affected by higher income individuals moving into their neighborhood. It happens in really poor, neglected areas where rich suburban people move into those poor neighborhoods and change everything, supposedly making them better. While trying to “better” the community, the new property owners are knocking down houses in neighborhoods like East Austin with great historical value to build higher priced residences, raising the property value which makes low income families struggle to keep their heads above water.

Gentrification is a general term for the arrival of wealthier people in an existing urban, district a related increase in rents and property values and changes in district’s character and culture. Gentrification works by accretion which is gathering momentum like a snowball. Gentrification has been the cause of painful conflict in many American cities. America’s renewed interest in city life has put a premium on urban neighborhoods, some of which have been built since World War II. It tends to occur in districts with particular qualities that make them desirable and ripe for change. Word travels that an attractive neighborhood has been “discovered” and the pace of change accelerates rapidly. An increase in median income and a decline in the

The gentrification process is a trend in urban neighborhoods, which results in increased property values and the displacing of lower-income families and small businesses(Sims1994-1999). Many cities around the world have begun to adapt in order to bring in new revenue. This process is being done blindly, because the apparent change is not quite noticeable but the damage is being done. The fact that there is damage being done speaks volumes at the fact that this process is being done in a way that harms many children and schools. The toll that this process is taking on public education and minority families is rather clear. Families are being displaced from their homes and relocated to god knows where.

Viewing the complex matter of gentrification succinctly, it helps to uncover how multifaceted it is; in that gentrification involves the oppression, marginalization, displacement of vulnerable populations, particularly, the poor, and the black who are often already negatively impacted by the effects of classism, and racism. Gentrification threatens to erode the communities and livelihood maintained by these set of people because their displacement becomes a precondition for the total transformation of the area.

Gentrification would have the potential to be good if the people who have been long-time residences got to live in and enjoy the new community. Unfortunately, the opposite often takes place with gentrification. Current residents often get evicted and displaced due to rising rent and new demands by the people coming in. The people getting displaced are often minorities who get evicted from their own neighborhoods before being able to experience the changes for themselves. Before people are forced to leave, the state gives them a voucher. A voucher is a discount the state gives you to leave and go to another town. With this voucher you can only go to certain places. You can only go where the voucher tells you to go. For example, if you currently live in South Central, Los Angeles and the voucher says you can move to Watts, then can

Gentrification has been a controversial issue both in urban planning and politics primarily due to the displacement of poor people by the rich folks (Shaw & Hagemans, 2015). Many individuals have viewed gentrification as an illegal act that should be avoided at all costs. On the other hand, another group of people believe that gentrification is the way forward to promoting growth and development. With such contrasting ideas, this paper is going to take a look at gentrification from a positive and negative perspective, its effects, and how it can be prevented or contained. Apart from this, the paper will also address the following questions.

According to Dictionary.com, “gentrification is the process of renovating houses and stores in urban neighborhoods to fit the middle or upper-income families, raising property value, but often displacing low-income families.” Gentrification has been an idea since the 1960s and had an effect on countless cities and neighborhood communities. Gentrification was first used by Ruth Glass in her book London: Aspect of Change in 1964, she noted that ¨gentrification can progress rapidly until all or most of the original working-class occupiers are displaced, and the whole social character of the district is changed.” Nonetheless, gentrification has helped revive many cities and revolutionize them, especially with technological

Since the early 2000s, gentrification accelerated in various New York City neighborhoods. Data shown that about 29.8 percent of New York City has been affected by gentrification in low-income communities (Governing Data 1). This is over a 20 percent increased from the previous decade in New York City alone. Gentrification is a term used to describe displacement or renewal in urban neighborhoods as a result of increasing property values and rent prices. Gentrification has existed since the 1960s but has rapidly increased since then . Gentrification has now become a common and global controversial topic in many low-income neighborhood. Although, gentrification hasn’t always been bad from increasing job opportunities to lowering crime rates. Gentrification has impacted and transformed underprivileged districts in New York City. However, at the advantage of who ? Thus, gentrification has only increased average rates of poverty and infused neighborhoods with “white privilege”.