The Negatives Of Gentrification

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Gentrification is a good thing to many and an awful even to others. Many areas similar to Southern Boulevard had experience gentrification such as Williamsburg, while there are positives for an area experiencing gentrification there are negatives. Eventually an area that is experiencing gentrification is seeing renovations and affluent residents move into the area and the marketplace value of real estate and land increases as the area becomes more valuable. But the native people who were born and raised in that neighborhood eventually cannot afford living in the area as its value rises in prices and rent increases. In order to have an area increase the city must institute public housing around Southern Boulevard’s businesses and require devoplers

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