Gentrification and White Preference in the Rhode Island Housing Market
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The loss of public housing and the expanse of the wealth gap throughout the state of Rhode Island has been a rising issue between the critics and supporters of gentrification, in both urban areas such as Providence and wealthy areas such as the island of Newport, among other examples. With the cities under a monopoly headed by the wealth of each neighborhood, one is left to wonder how such a system is fair to all groups. Relatively speaking, it isn’t, and the only ones who benefit from such a system are white-skinned. With the deterioration of the economic status of Rhode Island, and especially in the city of Providence, more and more educated Caucasians are leaving to seek a more fertile economic environment.
“Gentrification is a general…show more content… For example, many cities that are rich in culture, diversity, and vitality are beacons for white people interested in the “upcoming scene.” This brings more and more whites who displace and marginalize the original residents through increasing prices. Cities such as New York, Boston, and San Francisco all have neighborhoods that originally had mostly poor, uneducated African Americans, and now are swelling with young, educated whites that have greatly increased the price of living. In Boston, Charlestown, Jamaica Plains, and Beacon Hill have all experienced intense characteristics of gentrification from the 1970s up until the present, showcasing an increase in the population with at least a bachelor’s degree, as well as a large increase in new and renovated buildings. In New York, the most famous example of gentrification is in Harlem, has undergone a process of gentrification after becoming known as the national, and even international symbol for black culture with a vibrancy that is not seen in the suburbs. Finally, in San Francisco, in the bay area, there has been a massive influx of affluent companies that have completely devastated the middle class due to a high rise in wealthy, educated, employees. These employees have taken residence up in the bay area, causing the entirety of the already previously gentrified neighborhood to skyrocket to unobtainable prices, even for the