"De-gentrification" is routine in Canada and the U.S. but not so common in the U.K.
"We know all about gentrification - whereby the professional classes colonise a previously down-at-heel area, bringing with them coffee shops, juice bars and organic hairdressers - but there must also be de-gentrification. For neighbourhoods, like mortgages, can go down as well as up. And those of us with our life savings in a property are going to be alert to the harbingers of decline: boarded-up windows, shops closing, squalid mattresses left on streets to rot...the greatest risk of de-gentrification is currently in the "high tide" areas: that is, the districts people where people go when they can't afford their first choice..."
FULL STORY: Going down in the world
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