Gentrification is a general term often used negatively, suggesting the displacement of poorer families by richer families. It is one of the most debated topic which is mainly used in Urban Planning. In the post world war era, around 1960s, wealthier families moved to the suburbs whereas the cities were occupied by poorer families.
Like every coin have its heads and tails. Gentrification also has both advantages and disadvantages. As wealthier families move into an area that is already populated with low-income residents, the neighborhood begins to change as well. This works as a catalyst for an urban renewal process, which cleans up the town, but often leads to an increase in rent, taxes, and other items. Sometimes this change means that the