Gentrification Negative Effects

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For the past few decades, the term “gentrification” became a trend in most of the developing and developed countries in the world. Not only because of the contributions it made to the countries, but also the changes and reshaping it made in the political, economic, cultural and social aspects of every state that has a prevalent cases of it. Since 1964, the year when the term gentrification was first utilized, it was already associated with different social, political and economic issues because of the effects it left and made to the people that were involved in every cases especially to the rich and poor and their gaps. The term was first described as the movement of middle class families into the former lower-class neighborhoods. Gentrification,…show more content…
But, around the mid 1970s gentrification started to become common in the United States. There are many different factors that contribute to the existence of the phenomena. And it was also said that there numerous economic, social and political consequences that it bring to every country. Of course, it looks impossible to eradicate every negative impacts it bring, so most of the people refer gentrification as a double-edged sword, as it gives and offers both positive and negative impacts and effects to the different aspects of the society. But the questions are how does gentrification became prevalent to the urbanized countries? What factors contributed to the existence of the phenomenon?
The factors that contributed to the emergence of gentrification in America especially in United States can be divided into three aspects, Political, Economic and Social aspects. The political factors that feed the stem of gentrification is from the, policies, strategies and actions of the government authorities. It was said that it includes the decrease in the amount of the provided federal funds that were being given to the municipalities throughout the whole United
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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
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