The topic that is widely discussed in big cities is gentrification. When my peers were asked, what they defined gentrification as, they described it as “rich people coming into cheaper neighborhoods.” According to their definition, gentrification has not been a positive effect to the majority, the lower classes. Gentrification is the occurrence when wealthy classes come into affordable neighborhood. As a result, this usually raises prices as store and homeowners see an opportunity to gain more money. Ideally, moving to a neighborhood with affordable housing sounds like a frugal idea, but, in doing so it affects the other inhabitants and neighborhood.
Gentrification is a sign of a capital increase in a neighborhood. As of result of a money …show more content…
Gentrification is usually blamed for the displacement of lower class residents occurs. As Neil Smith states in his book The New Urban Frontier, “infects working class communities, displaces poor households, and converts whole neighborhoods into bourgeois enclaves.” Neil Smith was a geographer who had similar perspectives to Karl Marx. He believes with the addition of new and wealthy classes, the old classes will be forced out to create more neighborhood of the wealthy classes. Lower-income residents become more isolated from their neighborhood. This can lead to class conflict. This class tension is similar to the class tension written by Karl Marx. Marx would believe those for gentrification are the rich because it would benefit them the most. In this case, the rich being the wealthy classes coming into these neighborhoods. Change due to gentrification usually is not accepted. Marx believed that the lower classes would rebel. Currently, the rebellion is occurring; the lower classes have been protesting as tactics to have property owners to listen to their …show more content…
In my opinion, the cons of gentrification outweigh the pros. If old inhabitants are forced out of their neighborhoods due to higher prices and taxes, where will they go, to public housing? Another point is every lower class neighborhood is gentrified, eventually every neighborhood will be higher priced, making it worse for everybody who are not making a lot of money. The real issue is finding a way to keep all the positive effects of gentrification without the isolate of one
Gentrification is a sign of a capital increase in a neighborhood. As of result of a money …show more content…
Gentrification is usually blamed for the displacement of lower class residents occurs. As Neil Smith states in his book The New Urban Frontier, “infects working class communities, displaces poor households, and converts whole neighborhoods into bourgeois enclaves.” Neil Smith was a geographer who had similar perspectives to Karl Marx. He believes with the addition of new and wealthy classes, the old classes will be forced out to create more neighborhood of the wealthy classes. Lower-income residents become more isolated from their neighborhood. This can lead to class conflict. This class tension is similar to the class tension written by Karl Marx. Marx would believe those for gentrification are the rich because it would benefit them the most. In this case, the rich being the wealthy classes coming into these neighborhoods. Change due to gentrification usually is not accepted. Marx believed that the lower classes would rebel. Currently, the rebellion is occurring; the lower classes have been protesting as tactics to have property owners to listen to their …show more content…
In my opinion, the cons of gentrification outweigh the pros. If old inhabitants are forced out of their neighborhoods due to higher prices and taxes, where will they go, to public housing? Another point is every lower class neighborhood is gentrified, eventually every neighborhood will be higher priced, making it worse for everybody who are not making a lot of money. The real issue is finding a way to keep all the positive effects of gentrification without the isolate of one