\"Gentrification\" is a process that occurs after the property values in a neigh
ID: 1209584 • Letter: #
Question
"Gentrification" is a process that occurs after the property values in a neighborhood fall so much that they become an attractive investment for middle and upper income buyers, and then new, and more expensive housing is constructed.
First, give a functionalist, conflict, and interactionist interpretation of gentrification. Second, list three positive outcomes, and three negative outcomes when gentrification occurs. As you will probably see, gentrification is only a problem for some, as it benefits others.
Explanation / Answer
Gentrification:
Its shows increase int he living standards of people which is affected from a healthy surroundings. It is a part of urban planning. It shows an increased intrest in the income of the person. There can be differences among people which is due to lack of funds to acquire good living standards. On the other hand it shows, a good production side theory whereby, the growth in the suburbs leads to a good lifestyle.
The three positive outcomes includes:
The three negative outcomes includes:
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