PP&D 4 Lecture Notes - Lecture 1: Frankfurt School, Multiple Choice

• School: UC-Irvine
• Department: Planning, Policy, and Design
• Course: PP&D 4
• Professor: Walter Nicholls

Document Summary

Both are cycles of capital investment in urban real estate. Gentrification involves recreating apartments in condominiums, and renovating homes. Only people with higher incomes can afford renovated homes so more upscale restaurants and stores replace convenience and bargain shopping stores. Rents rise to attract professionals and business people, older residents have no choice but to move out. In uk cities competition for international sporting such as olympics, commonwealth games, and. European city of culture has led to a rise in gentrification. Results in political struggle when older residents resist the incursion of new capital. Community concerns and resistance such as protests, and social movements result. Upgrading of housing and retail businesses in a neighborhood with an influx of private investment. In australia known as trendification and elsewhere hipeoise . Threat to people"s rent, housing, and communities. Gentrification= racial connotations because it suggests that prior to renovations neighborhoods were devitalized or culturally moribund.