Gentrification increases the average income in city neighborhoods

ghettoization

Rockaway Gentrification - 2012 was released on:

USA: 7 August 2012

gentrification

Gentrification is the process of renovating older rundown properties in the inner city and then converting them into expensive and desirable residences for the rich. The term gentrification owes its roots to the difference between the 'gentry' (the richest and most powerful members of society) and the ordinary 'working class' citizens. Buildings that were available as residences for the poorer working classes are no longer affordable by them after undergoing 'gentrification'.