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Gentrification Essay

2572 Words11 Pages

The impact of gentrification on the older generation of adults in Oakland, California has been profound and multifaceted. Gentrification refers to the process of urban revitalization, typically accompanied by an influx of wealthier residents and an increase in property values. While it brings certain benefits to neighborhoods, such as improved infrastructure and economic growth, it also presents challenges for older adults, especially those on fixed incomes.
One of the most significant ways gentrification affects older adults is through the rising cost of living. As property values soar, rents and property taxes also increase, placing financial strain on older residents who may have limited income sources. Many of these individuals have lived …show more content…

As property values rise and rents soar, lower-income individuals and families, including marginalized communities, often face the risk of eviction and forced relocation. This displacement not only disrupts the lives of those directly affected but also fragments the social networks and community bonds that have been established over generations. The loss of these connections can have a profound impact on the well-being and sense of belonging of individuals and …show more content…

Displacement disrupts lives, perpetuates inequalities, and weakens community cohesion. Addressing this challenge necessitates a multi-faceted and inclusive approach that prioritizes affordable housing, social support systems, and community-driven development strategies.
Older small businesses have suffered significant challenges and adverse impacts as a result of the gentrification in the Bay Area, including Oakland, California. Gentrification, characterized by an influx of wealthier residents and increased property values, brings changes in the commercial landscape that can have detrimental effects on older small businesses deeply rooted in the community.
One of the ways older small businesses have suffered is through rising operating costs. As property values increase, rents and property taxes rise accordingly, placing a financial burden on small business owners. Many of these businesses have been operating for years, serving the local community and establishing relationships with loyal customers. However, as gentrification progresses, the cost of doing business becomes prohibitive for these older establishments. The escalating expenses, coupled with potentially declining foot traffic due to changing demographics and the emergence of new upscale businesses, can make it challenging for older small businesses

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In this article, “Gentrification”, by Sherman Alexie, the author tells a story about his neighborhood. The authors story was one where he thought he was doing the right thing but yet once he had done it, he did not feel good about it at all. The author shows how there is still racism in America and that can change the way people see things. The author shows this through a personal story that happened awhile back.

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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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Gentrification is the process of improving a struggling neighborhood for affluent people. One of the main causes of this shown by Kelefa Sanneh’s article “Is Gentrification Really a Problem?” , is the real estate market. Things that affect the value of something in a certain neighborhood can end up having a direct influence in all of the neighborhood and can lead to gentrification. The construction of a luxury apartment building can attract more businesses and in turn, more high-quality living spaces which could eventually displace someone living three blocks away.

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615 Words | 3 Pages

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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1841 Words | 8 Pages

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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455 Words | 2 Pages

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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458 Words | 2 Pages

Gentrification is used by the government as a porssess which ensures that areas of social and economic underprivileged residents experience significant transformation through initiatives such as investments, developments and demographic change. These changes are notably beneficial for certain individuals compared to others, but specifically favourable towards the government and those of higher income families. Due to state-led gentrification these certain individuals of the area and the government receive benefits in several ways including an increase on the price of property and tax revenue, improved economic opportunities and overall neighbourhood improvements. Since the renewal to make these areas of low income residents more appealing to those of a higher income, property values and tax prices collected by the government have significantly increased. This is evidently seen through the rent and property increase within suburbs of Sydney where these economic pressures from the government have been put in placed due to the rise in affluent buyers in ceratin neighbourhoods.

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1693 Words | 7 Pages

The Struggles from Gentrification Do you know any areas around you that were once seen as rundown, but are now a lot more commercialized and improved? This is the result of gentrification. What is gentrification you might ask? Well, gentrification’s dictionary definition is a process of urban development in which a city neighborhood develops rapidly over a short time, changing from low to high value.

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1720 Words | 7 Pages

Introduction After WW2 there was a significant increase in suburbanization which greatly decreased the investing in cities which meant they were deteriorating and experiencing economic downturn. In an effort to remedy this the Federal Government created the Housing Act of 1949 also known as Urban Renewal. This act allowed the Federal Housing Administration (FHA) to buy “blighted”, “20 per cent or more of the homes in an area had one or more ‘substandard’ elements and could be subject to slum clearance”, communities and fund their revitalization. (Lopez 459) Some of the goals of the Act were to eliminate substandard housing, revitalize economies and eliminate segregation.

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1090 Words | 5 Pages

Soon there will be no home for minorities and lower income in San Francisco. The districts of San Francisco soon will lose all its original dwellers to the high demands of the Bay Area. The new, “improved” population is overtaking a district such as the Mission that historically has been home to Central and South American immigrants. As you stroll down Valencia Street, once home to taquerias, bakeries, bars and auto mechanic shops, one can instantly see the difference.

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2688 Words | 11 Pages

It has been happening in major cities like the one that we live in, Atlanta. With this information, I plan to consult sources interviews based on the current gentrification occurring locally and throughout the country. In synthesizing this information it is also important to consider additional questions such as how long has gentrification been happening in Atlanta and who does gentrification affect in these local cities? For the structure of this research paper, I will begin with an explanation of gentrification. I will continue by sharing the history of gentrification in Atlanta.

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1420 Words | 6 Pages

There have been rent increases and a continually lack of affordable and

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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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502 Words | 3 Pages

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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1457 Words | 6 Pages

CHAPTER ONE BACKGROUND TO THE STUDY 1.1. Introduction Affordable housing is housing that is affordable to those with a median household income or housing made available at below market rents and allocated according to need (Pawson, Milligan, Phibbs and Rowley, 2014, p. 1). In Australia, this means that a household does not have to spend more than a certain percentage of their income (e.g. 30/40 Rule) on housing cost. For instance; the 30/40 rule used in Australia recommends 30% of a household’s income from the lower 40% of the income quartile to be spent on housing.

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