Word
gentrification
Meanings
The process by which a neighborhood becomes wealthier and more developed, often resulting in higher living costs and displacement of existing residents.
Definition
Gentrification is the process in which a neighborhood becomes more affluent, often causing rents to rise and long-term residents to be displaced.
Gentrification happens when wealthier people and new investment move into an area that was previously less expensive. It often leads to renovated housing, new businesses, and changes in the local culture. However, it can also push up property prices and rents, making it difficult for existing residents to stay.
Examples
- After a wave of gentrification, my rent increased so sharply that I had to look for a smaller place nearby.
- You can see gentrification in how the corner shop was replaced by a sleek café and boutique apartments within a year.
- He argued that gentrification brought safer streets, but his neighbors worried about being priced out.
- They documented gentrification by photographing the same block each month as renovations and new businesses appeared.
Common mistake
Learners often confuse gentrification with general urban renewal, but gentrification specifically involves an influx of wealth and rising costs that can displace residents.
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