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Gentrification Advantages And Disadvantages

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gentrification will bring huge benefits for senior homeowners and tenants both. The first is longtime homeowners will have the opportunity to sell the house at a higher price, or may increase the rent which they feel is right for the market. But many homeowners trying to keep the house as long as possible for the buyer price pressure. Next, there are many assumptions that gentrification is the main cause leading to the low-income people have to be relocated. But there is a strange thing according to statistics obtained from the economists, they did not find evidence that poor people left the area gentrification higher than poor people leave the area nongentrification.

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