Gentrification benefits residents of all class backgrounds by increasing property values.

Name: Gentrification benefits residents of all class backgrounds by increasing property values.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Gentrification may increase property values, but it often displaces long-time residents, particularly those from lower income backgrounds, and can exacerbate income inequality. The benefits of increased property values primarily go to property owners and developers, rather than residents of all class backgrounds.

Gentrification Benefits Residents of All Class Backgrounds by Increasing Property