Gentrification is the rehabilitation of housing in the oldest and now deteriorated inner-city areas by middle and high income groups.

Question

Quizplus · Accepted Answer

Gentrification refers to the process of renovating and improving inner-city neighborhoods that have experienced disinvestment and neglect, often resulting in an influx of wealthier residents and higher property values. This often leads to displacement of lower-income residents and changes the cultural and social character of the neighborhood.

Gentrification Is the Rehabilitation of Housing in the Oldest and Now