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Gentrification Essay

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Gentrification can be defined as the upward change in land use to middle and upper income residential (Keating, 2003). In the simplest form it can be explained as the upgrading of devalued or deteriorated urban property by the middle class or affluent people. It can also be thought of as “reversed neighborhood” (Freeman, 2008). Gentrification is a common issue in urbanized nations around the world. The presences of gentrification begin to become common in the United States around the mid 1970s. There are many factors that feed into the existence of gentrification. And there are numerous social and economic consequences of gentrification. Often times referred to as a double-edged sword, gentrification sets off a chain of both positive and negative …show more content…

It was designed to relieve distressed areas of the city by offering tax incentives for private development and investment. “During the first five years of UEZ designation, property owners are eligible for 100 percent tax abatements. During the sixth and seventh years of designation, the tax abatement is reduced by 80 percent, followed by 60 percent during the eight year, and 40 percent during the ninth year, and 20 percent during the tenth year. Housing and Residential/ Commercial UEZs have played a significant role in helping to increase property values. The following chart shows the impact that Housing and Residential/Commercial UEZs have had on housing prices in three Atlanta neighborhoods. The figures are based on census tract data collected before UEZ designation, and after the expiration of UEZ designation (see Figure 1). In these three areas, UEZ designation has been beneficial. There have been 423 new or rehabilitated units, and the median home values and rent prices have increased significantly. The Affordable Provisions Compliance requires that twenty percent of the dwellings be reserved as affordable housing units. Unfortunately, the city’s method for determining who is eligible for affordable housing is ineffective. “Housing is affordable in the City of Atlanta if it is accessible to

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This chapter talks about the cultural, economic, and social effects and consequences of gentrification. The article focuses on Sydney and the character and causes of gentrification. Taste and aesthetics play a big role in housing and gentrification, which can influence how the housing economy changes. In chapter 11, the main topic of discussion

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The average price of the condos on the waterfront went from $219,000 to $200, 000 in the past few months (Seward pg.2, 2015). This decrease in housing prices is not common, though. It is found that when gentrification occurs, the average rents in a neighborhood rises. This is due to new renters who come to these neighborhoods who can afford to pay higher rents which raises the rent (ICPH pg.2, 2009). Resultantly, this causes people to move due to the increased rent.

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There has to be a realistic solution that can be put into motion to benefit everyone involved. Referring again to his article “Is Gentrification All Bad?” Davidson argues that urban renewal, if done right, is not a monstrous custom that it is painted to be; nevertheless, he reasons that gentrification depends on who does it, how they do it, and why they do it. As a resident in New York, a city where gentrification is as widespread as the common cold in winter, Davidson speculates that those who go into a neighborhood with the intention to renovate houses, or abandoned buildings ought to have a good reason for it. The author points out that “Gentrification does not have to be something that one group inflicts on another…” (Davidson 349), rather, he suggests that everyone, the gentrifiers and the locals, be on the same page when it comes to developing their

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According to the Planning and Zoning Law authorizes, the legislative body including city and county to affirm mandates regulating zoning within its jurisdiction that designated. With, this bill would allow the legislative body of the city and county to accept ordinances and necessitate under the condition of development of residential rental units that more affordable to the market. This development program required a percentage of units that destination for occupants such as lower-income, moderate-income, very low income, or extremely low-income households. This proposal has taken into consideration by the legislature in adding this provision to

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In addition, to these residential areas the city also has a new housing project of townhouses that will be opening soon. When it comes to purchasing a renting a home the city of Brea is able to provide affordable housing. There are four programs that fall under affordable housing: “Homebuyer Assistance Program”, “Low & Moderate Income Rental Programs”, “Mortgage Credit Certificate Program” and “ Senior Rental Programs” (city of Brea). According to the city of Brea, the “Homebuyer Assistance Program” has an “Affordable Housing Ordinance” in which most of new residential developments are required to provide a minimum of 10% of the units for sale at below the market sale prices for qualifying buyers.

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Many proponents as well as advocates of gentrification like to use in many regard as code words to back up their claim that gentrification brings “revitalization” “urban renewal” and more importantly “enhances” the community. However, these are what many who are critical of gentrification deem to be “ code words”, because they appear to be ones that exude positivity when they are in fact not expressing the full story of the argument, because underneath this creeping positivity. There still exists this form of stereotyping that minorities, or those from lower socioeconomic means cannot create something that is unique or successful on their own. Furthermore, what existed in their communities before gentrification was one that brought little to no value to society.

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In order to understand our statistical data, we must first accurately grasp the definitions of gentrification and displacement. Gentrification means a demographic or physical change that conforms to the middle class. The financial definition of middle class means that a single individual or household makes between $50k-120k annually. Uniquely, displacement is the removal of something or someone by something else that takes their place. In our case, looking at gentrification in the San Francisco area within the last 10 years will possibly birth an explanation as to why Artist displacement is/was on the rise.

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Wealth is one of the factors why residential segregation is an increasing problem. Golash- Boza explains, “Residential segregation happened when different groups of people are sorted into discount neighborhoods” (271). It is because of housing segregation

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Public Policy on Housing Discrimination Executive Summary Housing discrimination and segregation have long been present in the American society (Lamb and Wilk). The ideals of public housing and home buying have always been intertwined with the social and political transformation of America, especially in terms of segregation and inequality of capital and race (Wyly, Ponder and Nettking). Nevertheless, the recent unrest in Ferguson, Missouri and in Baltimore due to alleged police misconduct resulting to deaths of black men brought light on the impoverished conditions in urban counties in America (Lemons). This brings questions to the effectiveness of the Department of Housing and Urban Development (HUD) in devising more fair-housing facilities (Jost).

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The main ideas of these two explanatory frameworks for the causes of gentrification have driven a theoretical conflict to explanations of gentrification, but more importantly, that these theoretical approaches are complementary and thus a more effective insights result from the combined application of these theories could be

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In this speech, I will begin by explaining what gentrification is along with a short background on the Lincoln Park gentrification, then I will proceed to explain how the families in these areas fought for their homes, and finally I will be discussing the gentrification that is affecting citizens of Chicago today. Body I. Gentrification is the process of renovating an area to meet the standards of a different social class, typically the upper middle class. Throughout this process the price of renting and owning a home increases while family owned businesses become bankrupt. Low-income families are left homeless and without the support of a

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As a result, affordable housing is the result for the government contributes to improve the environment and the environment of the

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Gentrification is the process of renovating and improving a house or district so that it conforms to middle-class taste. Real Estate investors usually take low-income places that they feel have a chance to prosper economically, and turn them into areas that attract the middle and upper class workers. In doing so they feel like the low-income areas will be safer and more appealing, attracting more people to visit and live there. An improvement to a poor district sounds beautiful, but is gentrification as great as it’s sought out to be? Many residents have their doubts about gentrification due to the idea that the costs of their living will go up and they will be driven out of their neighborhoods.

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New York City is seen as a beautiful place to visit but the reality is there’s an ugly side to the city and it’s known as homelessness. In New York it is so common to see a homeless person in the train station or on a train and on the streets sleeping. This problem has been increasing ever since the Great Depression and we need to do something to decrease the number of this population and put a full stop to it. The majority of the New Yorkers just walk past them and instead of giving them left overs they decide to throw out the food and keep moving. Not only are these people suffering due to hunger, extremely poor hygiene and inhumane living conditions but they are also victims of assault and discrimination.

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