The demolition of the housing in Lincoln Park was referred to as the “Major Urban Renewal Project” (Bennett, 2005). From the 1950s to present day Lincoln Park is constantly undergoing gentrification. Lincoln Park and Lake View both experienced a rapid increase in gentrification activates in the 1990s and the early 2000s. Lincoln Park was once seen as a neighborhood of immigrants where working class Americans raised their families. Now Lincoln Park is seen as a fancy neighborhood with new restaurants, trendy stores, and young professional. Gentrification has caused the demographics of Lincoln Park to shift from African American and Mexican American to white. This is because gentrification forced the African American and Mexican American families out of the neighborhood by increasing rent and tearing down affordable
In this paper, we are trying to answer if how gentrification affected the gap between those in the higher-income and the lower-income classes. We also try to explain how Neoliberalists and Marxists view gentrification, and lastly we are trying to identify if what are the positive and negative impacts of gentrification in the United States. In the end of this paper, we are also going to answer if how should gentrification be addressed or managed in a way that all stakeholders will
suburbs and back into urban areas. Areas such as Harlem, Washington Heights and Brooklyn have deeply been affected by it. Gentrification has variable type of impact like many positive changes as a better-looking neighborhoods, more job opportunities as well as a reduction in crime rates in those areas, but with these positive changes negative results for others within the community will be affected such as displacement and rent increase which forced people to move out. Despite its positive impact which mainly affect the new incomers, gentrification seems to be better because of the positive results for the community since its main purpose is to benefit the community
From a theoretical point of view, the rationale of rent gap theory is suggesting that gentrification activities will probably occur for neighborhoods and homes in case where speculations of land or properties exist. This theory was first argued by a renowned geographer, Neil Smith, and further unevenly developed by several theorists, pointing out that if there is a potential disinvestment in property occurs, which means the estimated value generated from the piece of land or the property is higher than the current use, the rent that can be extracted will become gradually less. The extent of the gap will always tend to be developed between the rental value of the property and that which could be derived a higher reinvested use. All in all, these
Specific Purpose: At the end of my speech, the audience will understand the meaning of gentrification, how Puerto Rican families in the Northern part of Chicago lost their homes to Gentrification, how they fought against gentrification, and how gentrification is now occurring to Mexican families in the Southern part of Chicago.
For the last 170 years, maybe longer, there has been a recurring displacement of local inhabitants from their native land or community. Motives ranging from greed in relations to an expansion of land and wealth or just wanting a change in “scenery”. While such actions can indeed have a positive outcome on the person doing the action it may not work out for the people it's happening to. Such examples are The Trail of Tears & the modern day Gentrification of the Chicago South Side. The Trail of Tears was the forced relocation of thousands of Native Americans from their native land in Southeastern U.S to the Mississippi River. While gentrification is the removal of lower income minorities from a deteriorated urban neighborhood in hopes to “revive
There has to be a realistic solution that can be put into motion to benefit everyone involved. Referring again to his article “Is Gentrification All Bad?” Davidson argues that urban renewal, if done right, is not a monstrous custom that it is painted to be; nevertheless, he reasons that gentrification depends on who does it, how they do it, and why they do it. As a resident in New York, a city where gentrification is as widespread as the common cold in winter, Davidson speculates that those who go into a neighborhood with the intention to renovate houses, or abandoned buildings ought to have a good reason for it. The author points out that “Gentrification does not have to be something that one group inflicts on another…” (Davidson 349), rather, he suggests that everyone, the gentrifiers and the locals, be on the same page when it comes to developing their
By this logic things can also be gentrified because gentrification is more about taking someones lifestyle as opposed to their economic assets. Having visited many recently gentrified neighborhoods, like North Park in San Diego, I have noticed that the people who live and work their aren’t trying to develop the area in an economically profitable way, but instead fit a certain “aesthetic.” New residents keep some of the grit of the old neighborhood and then add fancy coffee shops, boutiques, record stores, and other niche businesses that are usually associated with a more bohemian lifestyle. My opinion on Staley’s claim is also informed by my parents and their experiences. My mom grew up in Brooklyn and I went back to her old neighborhood with my family when I was a kid. When we visited the deli my family used to go to, the original owners were still there and remembered my mom and her siblings. For my mom, visiting her old neighborhood and seeing it very much unchanged made her feel like a part of her childhood was preserved. When we went to Williamsburg in 2015 my mom felt lost and anxious. Her old burrow, an area that she identifies with, had become unrecognizable to her. She may not have been priced out of property, but she had still lost something valuable. So, I do agree with Staley’s central claim. However, I think Staley was missing one qualifying statement.
The average price of the condos on the waterfront went from $219,000 to $200, 000 in the past few months (Seward pg.2, 2015). This decrease in housing prices is not common, though. It is found that when gentrification occurs, the average rents in a neighborhood rises. This is due to new renters who come to these neighborhoods who can afford to pay higher rents which raises the rent (ICPH pg.2, 2009). Resultantly, this causes people to move due to the increased rent. However, what is happening now in Yonkers is the reverse effect. This decrease in value can be attributed to the current state of Getty Square and the homeless. Yet, this statistic will not last forever. In fact, the fervor the Mayor has for this project will ultimately force him to make a critical decision: continue to rebuild Yonkers while still maintaining a place for the homeless, or get rid of them in order to increase rent
Most people can pinpoint the changes that occurred in their urban areas; they noticed more non-native individuals move into their urban neighborhoods, following them came the increase of rent and the change of scenery. There was always a name for this issue, but it never surfaced until the late 1990’s. The term Gentrification comes from British sociologist Ruth Glass. “Once this process of gentrification starts in a district it goes on rapidly until all or most of the original working class occupiers are displaced and the social character of the district is changed”. (Kissam 2) This epidemic has taken many urban neighborhoods by storm, From Chicago, Philadelphia, Houston, and the most common Brooklyn. Between The year 2000 and 2010 the Percentage
Gentrification connotes the influx of wealthier people into an existing urban area and a related increase in the property value, rent, and changes in culture and character. More often, gentrification is negatively portrayed as the displacement of poor communities through the arrival of rich outsiders. Gentrification arises from an increased interest in a certain urban district leading to many wealthy people buying and renovating houses in the area. The real impacts of gentrification are often intricate, contradictory and vary depending on the type of urban center. In a way, gentrification has greatly altered American urban landscape over the years. Despite the negative connotations often attached to gentrification, it is recognized that the
Gentrifying a once rundown neighborhood into a vibrant, more attractive environment is a trendy, urban operation that has been prevalent in Philadelphia. It has transformed the lives of many Philadelphians and the new community members that move into these neighborhoods tend to be young, wealthy, white folks. However, the former impoverished residents that are relocated and kicked out of these now newly gentrified neighborhoods are nevertheless part of the population and economic class that contribute to the landscape of the city. It is a shame to think the problem of poverty is pushed away in an apathetic manner. There should at least be a mix of housing options in these neighborhoods in order to keep the authenticity of the neighborhood. It is still critical to eradicate issues that come with impoverished neighborhoods such as violent criminal activity, drug usage, and other illegal dealings but also the underlying issues such as access to healthcare, and poor maintenance of the infrastructure and parks, and most of all diminished academic quality.
Situated in historically marginalized racial minority and urban communities it results in the impoverished community being ill-prepared to compete in neoliberalism’s rules of engagement because such communities have little economic, social or political power. The remainder of this essay will address current rebuilding strategies in Baltimore within the framework of the three strategies of urban neliberalization described above (see table 1 for outline). Before doing so it is important to provide context from the past ways racialized neoliberalization community building existed pre-late1900’s. While the label “neoliberalization” became synonymous with the evolving US political economy during the Reagan administration, many of its strategies have been in practice for decades previous, perhaps with greater government oversight, more social welfare, and not as much private ownership of public goods -as a white supremacist liberal political economic system (Kendall 2003). The right of the white individual to secure outcomes in their best interest through a free market system permeates the past liberal and current neoliberal political economies of the US. In the current era of globalization and commodities speculation a broader range and diversity of participants from across the world and larger
In order to understand our statistical data, we must first accurately grasp the definitions of gentrification and displacement. Gentrification means a demographic or physical change that conforms to the middle class. The financial definition of middle class means that a single individual or household makes between $50k-120k annually. Uniquely, displacement is the removal of something or someone by something else that takes their place. In our case, looking at gentrification in the San Francisco area within the last 10 years will possibly birth an explanation as to why Artist displacement is/was on the rise. San Francisco was once notorious for its urban renewal that lowered housing affordability for its displaced residents. Starting in the