In Sydney, Australia inhabitants of the Sirius waterfront building are subject to removal due to the demolition of the building to be replaced by a government-driven revitalization project. The government housing building that was once seen as an “architecturally adored icon of Sydney public housing,” is now going to be sold to private developers. This means the government will have to tell the suburb’s four-hundred native residents they will have to unwillingly relocate. The residents have called this experience with gentrification aggressive social cleansing. Not only is relocation a resulting problem that arises from gentrification, but also land values. “Land values in Sydney have been growing at a faster rate than anywhere in Australia. Due to urban renewal, the median house price has doubled since 2009, from $550,000 to $1.1 million.” In addition, a report ranked Sydney the “second least affordable housing market in the world.” To many, “surging rents and the public eradication of the city’s few high-profile housing estates give the impression that inner Sydney is no longer a place where poorer people can live.” These are examples of the deleterious effects gentrification has on indigenous inhabitants. An additional example of public retaliation and discontent shown towards gentrification was seen in Jakarta, Indonesia. The Guardian Jakarta Live gives insight on the …show more content…
Formerly racially homogenous neighborhoods become diversified with the migration of new-comers. “Data shows that the economic benefits of gentrification spread beyond the white interlopers. In 2008, researchers from University of Colorado at Boulder, University of Pittsburgh and Duke University used census data to measure the total income gain in gentrified neighborhoods over a select period of time. Intriguingly, the demographic group that contributed the largest percentage to that income gain was black residents with high-school diplomas. That group contributed 33 percent of the total income gain, while college-educated whites only brought in 20 percent.” This invalidates the accusation of gentrification creating a racially homogenous