Gentrification In Urban Areas

Gentrification is a process of social change traditionally applied to urban areas. It involves upscaling building, infrastructure and accompanying changes in its social composition (Phillips,2005), which tends to impact the lower income neighborhoods. The term ‘gentrification’ was first used by Ruth Glass while observing the social structure and housing markets in certain areas of inner London in 1964.
The purpose of this essay will be to examine the positive and negative aspects of gentrification and how it impacts individuals and society.

Gentrification is the process of renovating the building and retail in an urban area in order to increase property values, establish high profile restaurant and shop, and attract an influx of wealthier residents (Atikinson,Wuff,Reynolds,Spinney,2011). Furthermore, the redevelopment of the neglected area and amenities increase land price, lower crime, improves the quality of schools. Consequently, low income residents have the opportunity to take advantage while accomplish self-improvement and a upper …show more content…
They can be attracted to rural or exotic areas by the lifestyle and nature, supported by technological improvements in communications that allow them to work from home-based businesses and invest in property with guidance via internet. For example, Bruny Island’s development (Jackson,2006) was a result of exposure of the island to tourism and mainland, with wealthy mainlanders buying into the island which create investment, job and increase tax revenue. Moreover, the island’s economic based on agriculture, rising land prices have induced many farmers to sell their land and helped them to become independence and it is another way of getting money into the local community (Jackson,2006). As a result, the development is increasingly important to native residents and the economy of Bruny island which described as