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Gentrification Of The West Philadelphia

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Gentrification in North Philadelphia
Gentrification began to garner a great deal of attention from scholars, politicians, and the media soon after the phenomenon was first identified by Ruth Glass in the 1964 (Glass, 1964). Politicians and academics have debated[[delete,] what constitutes gentrification, whether gentrification is a legitimate means of improving the economy of metropolitan neighborhoods, or if the influx of wealthier residents into a low income neighborhood is more akin to an “invasion,,” an invasion which could lead to conflict along class and racial/ethnic lines as once public spaces are appropriated by corporate interests. I intend to conduct a study of gentrification in the Northern Philadelphia area, but I have …show more content…

Research Questions
How has the expansion of Temple University affected the Cecil B. Moore neighborhood? (or alternatively: How has the new home construction and redevelopment by realtors and development corporation effected East Kensington?)
How do local residents feel about the socioeconomic changes occurring in the Cecil B. Moore neighborhood (or alternatively East Kensington) and how have these changes affected their lives?
Are changing rent and property rates linked to the expansion of Temple’s campus? (alternatively: Are the changing rent and property rates in East Kensington linked to realtors and development corporations’’’ redevelopment projects?)

Theory
Soon after the term gentrification was conceived, scholars began to develop and debate its theoretical foundation. Neil Smith and David Ley engaged in one of the more important theoretical debates about the causal factors of gentrification. Neil Smith’s rent-gap theory frames gentrification in economic terms. Essentially the rent-gap theory is based on the classic economic law of supply and demand (Smith, 1979). According to Smith when there is a disparity between income collected from rent and the potential achievable rental income, investors will seek to renovate and increase rent (Smith, 1979). Ley rejects Smith’s claim that gentrification is caused only by the changing housing market and presented his own theory which places societal needs as the driving force behind

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