“Gentrification,” a transformative process of neighborhood redevelopment associated with influx of middle-class residents and rising property values, is reshaping cities around the country.

Much debate around the phenomenon is predicated on the belief that gentrification is something new. But, in fact, argues James Frank Dy Zarsadiaz in The Atlantic Cities, gentrification has been unfolding for at least 50 years thanks to American consumerism.

Source: The Atlantic Cities

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top