Economic Geography
Gentrification is a complex process of urban transformation characterized by the influx of higher-income residents into lower-income neighborhoods, often leading to rising property values and the displacement of long-time residents. This process not only alters the socioeconomic landscape of communities but also reflects broader patterns of urban growth and development, influencing social dynamics and economic hierarchies in cities.
congrats on reading the definition of gentrification. now let's actually learn it.