The latter stage in the urban cycle is a renewal stage in which obsolete housing is replaced or upgraded. What is this stage called?

Name: The latter stage in the urban cycle is a renewal stage in which obsolete housing is replaced or upgraded. What is this stage called?
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

Gentrification refers to the process of renovating and improving a house or district so that it conforms to middle-class taste, often leading to the displacement of lower-income residents. This is a common form of urban renewal.

The Latter Stage in the Urban Cycle Is a Renewal