The process in which wealthy people buy dilapidated buildings and rehabilitate or refurbish them for urban living is called

Question

Quizplus · Accepted Answer

Gentrification is the process where wealthier individuals move into, renovate, and restore housing and sometimes businesses in city areas that have been neglected, often leading to increased property values and the displacement of lower-income families and small businesses.

The Process in Which Wealthy People Buy Dilapidated Buildings and Rehabilitate