Benefits Of Gentrification

Problem of understanding of gentrification and its solution Gentrification is a process of the city development. It usually means some middle and upper middle class people start to move into a relatively poor community. The community will be then reconstructed by opening more good restaurants, coffee places and big grocery stores that meet these people’s needs and preferences. For those poor people who have been living in the community for a long time, they have to worry about the living cost in this upgraded community and many of them are not willing to see the gentrification happen in their community. However, if you look at the gentrification problem in a more comprehensive perspective, it is not hard to find the gentrification will not
Gentrification will provide more employment opportunities to those poor residents in the community. Because they do not have enough eduction, the works provided by the new opened restaurants and grocery shores will be the good options for them. There is also a study shows that poor people are more likely to find jobs in the suburban areas, but because of the long distance and lack of automobile, it is much better for these poor people to work in the gentrified communities nearby. In addition, Gentrification also contributes to increase of employment in the whole city. Due to the increasing demand of the public services, more people move into the city will increase the working opportunities of the government services. So both low education and high education people can find more working opportunities. Moreover, gentrification also improve the shopping for the low income people. Many people think gentrification will replace those local small shops, which meets the needs of local people, by the retail chain stores. This stereotype is a misleading of gentrification because a lot of supermarkets and other discount retailers will also open in the community, which can provide convenient and not expensive services and goods to the local people. Also, the existing stores in the community will also benefit because of the more spending by the
The government should set up a government fund for the financial aid that local people can access to when they are facing the rising of rents. People can get government loans with a very low interest rate. At the same time, with more working opportunities provided by the gentrification in the community, they will be able to pay the rents and continue to live in the community with more convenient stores. Government can also build more affordable apartments in the community. By adding more housing supply to the market, the prices of rent will have limited growth eventually. Furthermore, the rent control should be introduced by the government. Those poor people are afraid of losing their living places because of the high rents. By introducing rent control to the apartments in the community, people would not be averse to the newcomers and happening of gentrification. Once the local residents are no longer afraid of losing their living places, people will see the benefits of gentrification gradually and eventually cheer for the better community and life quality they can get from the gentrification. Gentrification, as a common phenomenon in the social development, are not the necessary