Jim bought a foreclosed house in a rundown part of town. The price was a bargain. The place needed a great deal of fixing up, but it was located right smack in the middle of town. Others like him were also moving into the area and fixing up old houses. Jim was taking part in
A) building a suburb.
B) gentrification.
C) an edge city.
D) development of a megaregion.

Question

Quizplus · Accepted Answer

Jim's actions are an example of gentrification, which refers to the process of renovating or improving a neighborhood or urban area, often leading to the displacement of low-income residents. Gentrification typically involves middle or upper-class individuals buying and rehabilitating properties in deteriorating neighborhoods. The fact that others like him are also moving into the area and fixing up old houses reinforces the idea that the neighborhood is undergoing gentrification. Option A (building a suburb), C (an edge city), and D (development of a megaregion) do not accurately describe Jim's situation.

Jim Bought a Foreclosed House in a Rundown Part of Town