educate me about gentrification please

this may be my unintended white privilege talking. when i think gentrification, i DO think about the poor being displaced and such.

I ALSO, though, think of an area that may be crime-riddled and such...being beautified, higher paying jobs being brought in, etc.

Educate me about how the cons outweigh the pros?

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Ryannnnnn · 31-35, M

When gentrification happens the property values increase, rent prices increase, upmarket places open, prices increase. Those who would enjoy said beautification can no longer afford to do so and are economically pushed into another area like it was before gentrification occured.

Honestly it's the greed of housing markets that drive it the most. It displaces and replaces the original residents. That's the problem.