Suburbanization caused most wealthy people to move out of the city. As a result, the residential property values in urban areas decreased. With fewer people looking to buy real estate in the city, the better investments were in the suburbs where demand for purchasing a home was high. As property values plummeted in urban areas, real estate investors bought former mansions for very cheap and turned them into luxury apartment complexes for students attending a university nearby. Low-income residents were forced out of the city as property values and investment begin to climb back up in certain areas. This describes the process of ______.
A) White flight
B) gentrification
C) migration
D) microaggression

Question

Quizplus · Accepted Answer

This describes the process of gentrification, where wealthier individuals move into a lower-income area, resulting in an increase in property values and the displacement of lower-income residents. This is often accompanied by the renovation and repurposing of former mansions or buildings into luxury apartments.

Suburbanization Caused Most Wealthy People to Move Out of the City