Gentrification

Question 1

What is gentrification

Answer 1

When wealthy people move into a place, spending money, increasing the cost of living in the area, causing the original residents, who can no longer afford it, to move away

Question 2

What are the benefits of gentrification

Answer 2

Neighbourhood revitalisation

Reduced crime

Increased local economy

Increased property value

Improve local environment

Question 3

What are drawbacks of gentrification

Answer 3

Displacement of residents

Loss of local business

Loss of culture

Reduced diversity

Increased cost of living