Because it is still relatively expensive to live in central cities, economic factors have little impact on gentrification today.

Question

Quizplus · Accepted Answer

Economic factors do play a significant role in gentrification today. Gentrification occurs when wealthier residents move into a lower-income neighborhood, often due to reduced housing costs. As property values and rents increase, long-time residents and small businesses may be displaced, leading to concerns about affordability and cultural preservation.

Because It Is Still Relatively Expensive to Live in Central