GGR124H1 Study Guide - Final Guide: Anglo-Irish Big House, Consumer Sovereignty, Global City
Document Summary
Gentrification is the upward class movement in which the property of the working class and poor spaces of the city are transformed into serving the needs of the middle and upper class people. The wealthy and richer city residents replace the slightly less advantaged and poorer residents and create resources and more benefits for themselves. Once this process of gentrification starts in an area it normally doesn"t stop until all or at least most of the original working class residents are no longer living in the area. Advantages: improves public services, resources, may reduce crime, poverty and offers social benefits to other, replaces run-down neighbourhoods, makes the neighbourhood look better as if it undergoed a makeover. As long as a possibility for improvement exists gentrification can also exist. Ex: the rent gap; the older the building the less the rent.
