Pros And Cons Of Gentrification

If you are wealthy and, at most times, not a minority then gentrification is for you. I, personally, believe it is a system of deliberate displacement. Why else would the government, realtors, banks, and insurance companies choose to wait until the process of gentrification is in full swing to suddenly want to make improvements on a chosen area? They claim to want to invest in a progressive and prosperous neighborhood. However, this “ideal” neighborhood entails one race of people and a group making enough income to pay for the newer over priced housing put in place by gentrification. I have visited areas before and after the gentrification process and the results are remarkable, in both positive and negative ways. Again, if you are the model