Countless people watch their neighborhoods and cities expand, develop, and change. In the growing world today, gentrification is becoming a solution or problem to many cities and neighborhoods that are changing. Many people might not know what gentrification is or even have heard of it before, but it is happening in their neighborhoods right in front of their eyes. Gentrification is the process where an influx of middle-class and upper-class people cause a revitalization and rebuilding of deteriorating areas because of the money they bring to the local economy. This often results in the displacement of impoverished residents in the area. This is happening in many countries and in many populated cities in America like San Francisco, Boston, and Philadelphia. Some people’s opinions on gentrification is that it is beneficial, while others view gentrification harmful. While both sides feel that they are correct, people that favor gentrification seek the benefits that it can produce while the people against gentrification worry about losing their neighborhood and eventually being forced to move out. When viewing both sides of the argument, it is clear that the benefits of gentrification …show more content…
One of the most visible changes of the gentrification process is how it brings infrastructure to a neighborhood. The economic changes that are caused by community goes through gentrification are often favorable for local governments. It expands the local tax base as well as supports local shops and businesses. The decrease in vacancy rates and increase in property value that accompany gentrification can work to stabilize a previously struggling community and restore interest in inner city life as a residential option alongside the suburbs. These changes can create positive feedback as well, encouraging other forms of development of the area that promote general economic