Positive Effects Of Gentrification

Gentrification brings positive long term effects to neighborhoods and cities nationwide. The economy is most impacted and most beneficial outcome for residents. Economical growth, local job opportunities, increased income, higher property value and increasing tax base are all positive outcomes of gentrification.

Gentrification is the process of renovating lower class urban neighborhoods to satisfy middle-higher class standards. As gentrification is sweeping through Denver it is positively impacting the economy, Local job opportunities are created by restaurant and retail stores opening. Financially more stores allow residents at fair reasonable prices. Local employment opportunities relieve the financial stress. Gentrification may alter the

As gentrification is taking on the United States, it is positively impacting the economy. It allows the lower income communities at the chance of opportunities to better their overall wellbeing in society. Gentrification brings restaurants and retail stores to new areas, creating an opportunity at economic growth. Tourism brings revenue to a community and as retail stores and restaurants open, it creates local job opportunities. In lower income communities supermarkets and retail stores are limited creating the possibility residents pay more for goods and services. When a building renovation takes place, the property value increases thus, property tax increases. The taxes created by gentrification can then go towards paying for things such as new roads and/or road repairs, neighborhood maintenance and more schools for the nearby

Commuting is an expense most people in a lower socioeconomic status cannot easily accommodate for an as gentrification brings amenities such as restaurants, retail, and even new schools it creates jobs locally. These community members now, can walk to work, bike, or drive for a shorter period, to work, decreasing the amount of money spent on transportation. Changing neighborhoods see more growth rates in both employment and retail (Meltzer, 2017).

Crime. When a community is more populated and well-funded it is also effective in lowering the crime rates. The reduction in crime rates allows for tourism to flourish a safer environment for everyone involved. Denver Police reported due to active police presence and neighborhood surveillance.(2nd judicial District Youth Committee, 2014). As schooling in communities is improved it allows students a better focus. Students are given new opportunities and are made dreams achievable. New schooling deters students from wanting to disrupt their