Property Developers' Role in Urbanization

Urban growth is described as the increase in the number of people who live in towns and cities and suburbanisation can be defined as the outward growth of urban development.

What is urbanization? Urbanization is the increase of population in an urban area. It is as much as a social process as it is an economic and territorial process. There are a few major cause of urbanization which include the industrial revolution, immigration, push and pull factor. Industrialization is the increase and development of a society or country that transforms its self s itself from a primarily agricultural society into one based on the industrialized of goods and services. The increasing number of factories created has a powerful need for labor, compelling people in rural areas to move to the city, and drawing immigrants from around the world to come to Canada for employment. As a result, Canada has transformed from a rural to an urban nation, and the demographics of the country shifted dramatically. Subsequent industrial development the process of urban¬ization is accelerating at much more rapidly rate. Urbanization brings about social and cultural changes in community life, which also correspond to modernization. The loss of community life and traditional large-sized joint families on one hand and growing individualism, and smaller sizes of house¬holds and development of independent personalities in a diverse community on the other, are the commonly observed characteristics of urban as well as modern way of

There were land changes that occurred during the second half of the 19th century such as the South End and the Back Bay. The South End was almost entirely taken up by houses in 1880 and then went to the Back Bay that was almost completely taken up by houses in 1900. Only the rich could afford to live on these pieces of land, because they were so expensive.

Urbanisation is caused by people inhabiting the cities and towns moving away from rural areas. This can be a problem because it causes Overcrowding, waste accumulation, transport systems.

With this development came many land speculators. It was widely known that with transportation comes a greater demand for the land being developed. Developers built rows of luxury

The process through which gentrification is carried out is very intricately planned. Drugs, prostitution, and violence usually play the most important role in the process of gentrification. When neighborhoods are infested by crime of any sort, the first thing that happens is the immediate decline in property value in areas like Guilford and Park Heights (“The Mortgage Bubble Invades Baltimore”). The home owning taxpayers in Baltimore City are usually blue collar workers who are just trying to make ends meet, and because of their income restrictions many of these citizens are forced to live in areas of high crime. Generally people only live in these areas if they have to, so when a developer comes along and offers to buy citizens homes at a price that the citizens at the time considers to be extremely profitable in their neighborhood, they usually take the money and run without carefully considering that the offer that they have accepted is much less profitable than what the developers have planned (“City’s East side Renaissance Spreads”). We

Urbanization is the movement of people to city areas. There are many reasons why urbanization occurred on a large-scale during the industrial revolution. The

As more houses are built more land is becoming occupied by swimming pools, houses, garages and so much more. An increase in people is good for the economy but not so great for the land and agriculture.

Although a rapid phenomenon, the process of gentrification initially starts at a slow pace. According to Biro (2007), “When low income houses are renovated they reach a higher quality and therefore are marketable to buyers who can afford to pay a premium for homes with better quality characteristics.”(p. 42) The individuals who cannot cope with the gentrification process due to

Gentrification was previously supported by those with “cultural capital” in the arts; people like “artists, writers, teachers, professors.” These people specifically were the main reason that the mainstream middle class was being pushed out of their neighborhoods. Gentrification originally had been used to describe the improvements and modernization of close-to-demolished buildings. With "an increasing desire for the kind of cultural and intellectual pursuits”, it is argued that gentrifiers have been “establishing a new investment climate” that serves to create homes for middle-class caucasians, which pushes out the minorities of the surrounding area. However, this soon evolved with time, as more and more ethnic minorities and wealthy moved

Human Geographer David Ley defines Gentrification as “the transition of inner-city neighborhoods from a status of relative property and limited property investment to a state of commodification and reinvestment.” (Ley Artists 1) In the past 50 years gentrification has swept over cities across the globe and has completely reshaped the way people think about why people live in certain neighborhoods. British sociologist Ruth Glass coined the term gentrification in 1964 to describe what was happening in the London borough of Islington, where Indian immigrants were being forced out in favor of creative young professionals. (Thomson). The term comes from the old english word gentry, which generally means wellborn well-bred and upper class people. For the most part of the last five decades gentrification has made large cities and downtown urban areas safer, more desirable for commercialization, more affluent, greener and more eco-friendly and has played a role in the vast change of demographics of many neighborhoods. This ‘urban renewal’ has been subject to many political debates, academic studies and research to figure out its positive and negative impacts on the socioeconomic nature of the cities it takes place in. Here on the eastern seaboard of the US we see gentrification in every city from Center City Philadelphia, to Chelsea, to Columbia Heights in DC. However this movement to gentrify is not reserved for the

Urbanization can be defined as a rapid shift in population of a group living in a specific area. This typically happens when the society decides that it is more advantageous to settle, rather than migrate. Throughout ancient history, we have seen various groups of civilization to adept different forms of urbanization near river valleys. These cities include the regions near Mesopotamia, Egypt and the Indus valley. Even though their lifestyle might have revolved the valley as a main source of development, their cultures and beliefs differed greatly from each other.

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.

There are main factors that affect the real estate in London, which will greatly influence supply and demand. One of the factors that may affect supply is the lack of free land in desirable areas; this affects both residential and commercial properties alike. However, suppliers still tend to provide a large number of properties each year. During the period of June 2013 and June 2014 there was around 18,900 new buildings completed as provided by the UK government (Government stats, 2014). A factor that may affect demand is the rapid increase in population due to both immigration and migration; with the increase in population there is an increasing number of businesses looking for commercial property.

In today’s society, it may seem that gentrification can eliminate poverty and increase neighborhood opportunities. Low-income residents and property owners will be the first to be altered by gentrification. In an email to the editor at the Atlantic, Freeman, the director of the Urban Planning program at Columbia states “ Gentrification brings new amenities and services that benefit not only the newcomers but long term residents too. Full service