the buying and renovation of houses and stores in deteriorated urban neighborhoods by upper- or middle-income families or individuals, raising property values but often displacing low-income families and small businesses.
the process of conforming to an upper- or middle-class lifestyle, or of making a product, activity, etc., appealing to those with more affluent tastes: the gentrification of fashion.
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The third phase of the gentrification process is perhaps the most noticeable, but by then, intervention is difficult.
Marcos Carbajal, Inocencio’s son, and now a co-owner of Carnitas Uruapan, is torn over the gentrification of Pilsen.
Certain patterns emerged that highlight the interdependent relationship between restaurants and the numerous phases of urban gentrification.
Holistically, this will relieve some gentrification pressure.
You find evidence that rent control increases gentrification, one component of which is the displacement of low-income tenants.
And gentrification is fine, the problem is the consequences—the people outside your line of sight—which is very troubling.
The cellphone use among pedestrians has dovetailed insidiously with hyper-gentrification, Moss says.
Hip trendsetters are blamed for everything from gentrification to expensive beer.
Despite the hype over gentrification, urban economies—including that of New York—still underperform their periphery.
This is gentrification of the fashion seen everywhere from Minneapolis to Mumbai.