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Gentrification - Coggle Diagram
Gentrification
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People Involved
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the same wealthy people are able to reap the benefits of the gentrified city because they are the only ones able to afford it
despite even owning homes in the area, original residents are not able to keep up with the increase in tax and mortgage.
Impact on residents
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initially low-income minority population, then changed to a higher income population when gentrified.
Transformation
an originally poor neighbourhood is transformed into a more affluent and improved location - often removing specific characteristics of the neighbourhood.
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increased amentities like malls, stores, restaurants
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