The Pros And Cons of Gentrification
"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.""
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Thanks to Joe Molinaro