Real Estate Investment
Gentrification is the process by which urban neighborhoods undergo transformation as wealthier individuals move in, leading to rising property values and the displacement of lower-income residents. This phenomenon often involves the rehabilitation of deteriorating buildings, increased investment in local infrastructure, and changes in the cultural landscape of a community. While gentrification can lead to improved amenities and a more vibrant urban environment, it can also create social tensions as longtime residents are pushed out due to rising costs.
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