How Does Gentrification Affect The Urban Community

150 Words1 Pages
In my opinion, I think that gentrification has a more positive effect on urban communities. Gentrification seems to uproot poor communities, which are traditionally non-white, to make certain areas more suitable for wealthy people (theperspective.com). It seems that gentrification can boost the local economy in low-income areas. The money given to the community will positively increase business and community investments and this will create jobs for those unemployed. Gentrification will increase tax revenue, the population, and property values. Since homeowners will have to pay taxes on their property, this will also increase property value. Gentrification positively impacts the neighborhood by decreasing crime, encouragement and increased