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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 neighboring cities, towns, or neighborhoods. Further steps are increased  investments  in a c