The Pros And Cons of Gentrification

Policies can create a yin and yang effect in gentrification movements.

"For some, it can signify many positives: affordable, unique housing stock with eye-catching architectural details, funky little boutiques and delightful ethnic eateries, bragging rights about a cool zip code.

For others, it means nothing but negatives: rising rents, a sense of invasion, changing neighborhood identity and an uncertain future.

Gentrification is one of those words that can trigger a variety of reactions and opinions, though its most basic definition is very simple: "people of higher income moving into a neighborhood.""

[This article is in PDF format]

Thanks to Joe Molinaro

Full Story: Gentrification: Is it the blueprint for neighborhood improvement or displacement

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