Outrageously Funny Word Dictionary :: Gentrification

👉 Gentrification is a process of urban renewal that involves the transformation of an area from a traditional, less affluent neighborhood to one with higher socioeconomic status and amenities. This can occur in various ways including new construction, land reclamation, infrastructure development, and population growth. Gentrification can lead to changes in property values, increased costs for residents, and displacement of lower-income residents.

gentrification