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Gentrification

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Gentrification Buildings on Mainzer Straße in  Berlin Early 20th-century damaged buildings next to a new  loft  tower in  Mexico City 's  Colonia Roma Gentrification in  Warsaw Gentrification  is a process of changing the character of a  neighborhood  through the influx of more  affluent  residents and businesses. It is a common and controversial topic in politics and in  urban planning . Gentrification often increases the  economic value  of a neighborhood, but the resulting  demographic  change is frequently a cause of controversy. Gentrification often shifts a neighborhood's racial/ethnic composition and average  household income  by developing new, more expensive housing and businesses in a  gentrified architectural style  and improving resources. The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from ne...