The process of people moving in and transforming formerly derelict or low-quality housing areas into higher status neighbourhoods is known as what?

Question

Quizplus · Accepted Answer

Gentrification refers to the process where people, typically those with higher incomes, move into and transform previously deteriorating or lower-quality housing areas, leading to increased property values and changes in the character and culture of the neighborhood. This often results in the displacement of the original, lower-income residents.

The Process of People Moving in and Transforming Formerly Derelict