Positive And Negative Impact Of Gentrification
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Gentrification, also known as Chelseafication, is defined as the upgrading of older properties to higher-income housing and where dwellings are modernised which causes it to have a higher value. Gentrification has both positive and negative impacts on the current and future inhabitants of a suburbs. This ranges from social to economic impact. Positive impact of gentrification Economically, as wealthier people...