Gentrification and its Benefits. Expanding Businesses and Reducing Crime Rates

Essay from the year 2018 in the subject Business economics - Economic and Social History, grade: 1.2, , language: English, abstract: Gentrification involves urban development in which the wealthier class displaces the low and middle classes. This displacement is driven by increased property values and high cost of housing. In most cases, gentrification process in a given community, primarily an ur...