The Benefits Of Gentrification

Gladwell’s Matthew Effect states that individuals who are slightly more talented than their competitors are given opportunities that lead to larger success. For example, hockey players who happen to be bigger than other players are selected for

Success is a concept that is constantly altered and has a different meaning from person to person. The stereotypical definition of success would be someone who has a high-paying job or is in the upper-class. Malcolm Gladwell, the author of Outliers: The Story of Success, approaches the concept of success in a different and unique way. Gladwell discusses how opportunities, cultural legacy, and hard work all coincide with each other to produce real success. He uses mostly logic and multiple unrelated anecdotes to support and provide evidence for his statements. Gladwell's main argument is that although hard work and talent are essential for success, one’s given opportunities and cultural legacy is what really

Gentrification is the process of renovating and improving a house or district so that is conforms to middle class taste. The term is often used negatively, suggesting the displacement of poor communities by rich outsiders. Often people who are displaced cannot find affordable housing, and this can lead to homelessness. Gentrification is hurting Colorado families because 1.) it causes prices increases for Denver metro rents, 2.) it displaces and breaks up families, and 3.) offers no affordable housing options for those displaced. () Definition.

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.

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.

“The Matthew Effect” discusses the concept that people with an advantage will gain more advantages, and ultimately become successful. There is much room for truth for this in the business world, as well as the government world. There is a well-known saying “It’s not what you know, but who you know.” Success in any field has much to do with opportunities that present themselves to a person. If he can get himself more opportunities, he can go further. The “10,000-Hour Rule” is another key to professional success. By applying this rule correctly, one can gain mastery of a subject, and create his own

Despite many Latino’s being entrepreneurs and owning manufacturing companies, construction firms, restaurants, and real estate. Latino communities still seem to be suffering because of the lack of wealth generation. Many Hispanics have called Humboldt Park home for many years but recently that has been changing over the years. Humboldt Park used to be a primarily Hispanic neighborhood and because of the lack of wealth generation along with other factors the neighborhood has been going through gentrification. Gentrification is the arrival of wealthier people in an existing urban district which results in an increase in rents and property values, and changes in the district's character and culture. The term is often used negatively, suggesting

Gentrification is the process of renovating and improving a neighborhood so that it can be more appealing to the middle-class taste and is negatively affecting many neighborhoods all over New York City. The gentrification of low-income neighborhoods can bring down a neighborhood and is responsible for the displacement of families who can’t afford to live in the gentrified area anymore due to the price of rent being dramatically increased. Landlords tend to raise rent to cast out low income renters and make room for higher-income renters who are looking to move into the neighborhood. Some of the lower class residents who are basically forced out of their homes tend to move in with relatives, search for a place to go in one of the city’s remaining cheap areas, and can even go homeless if they have no family, friends, or anywhere to go.

According to Stacey Sutton, PhD, member of the Department of Urban Planning and Policy, in her New York Tedx talk, gentrification is fundamentally a social justice problem.” This means that gentrification has many effects to its neighborhood and its residents. One main problem that gentrification had brought was displacement. Due to changes in the urban neighborhood, prices of living had increased, where many of the renters have no choice than to leave the neighborhood because it's unaffordable. As Tom Slater, an urban geographer, said, “gentrification is the spatial expression of economic inequality.” When higher class people moved to an urban area and invest and take advantage to a low property, it raised the property value and displaced the people who cannot afford it, hence, the low income people.

Gentrification, by definition, is the process of renovating and improving a house or district to appeal to the middle class. This “process” is very dangerous as it has a notorious reputation of displacing old residents and creating terrible living situations for those it has not displaced. It allows the deconstruction of communities of color, the suffering of local businesses, and the decrease in the public health of residents. Generally, gentrification affects the lower classes ability to live a healthy life by exploiting their ability to afford a means of survival.

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 is a planned or unplanned process where wealthy individuals "displace" poor individuals from their areas of living by purchasing the property and later upgrading it through modernization and renovation (Brown-Saracino, 2013). Ruth Glass coined the term Gentrification in her book London: Aspects of Change in reference to the influx of wealthy individuals to poorly inhabited areas in central London in 1964 (Brown-Saracino, 2013). These rich individuals were referred to as “gentry” hence the term gentrification.

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