GENTRIFICATION

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Term for the physical upgrading of housing and neighbourhoods that accompanies an influx of wealthy residents. Has an adverse effect on long term residents who can't afford to live in the area.

GENTRIFICATION: "Gentrification will drive older residents out of the neighbourhood."
Cite this page: N., Sam M.S., "GENTRIFICATION," in PsychologyDictionary.org, May 11, 2013, https://psychologydictionary.org/gentrification/ (accessed November 26, 2021).

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