What are the long-term effects of gentrification on communities?
Gentrification can lead to increased property values and displacement of long-time residents, altering community dynamics.
How does it affect local businesses?
Local businesses may benefit from increased foot traffic but can also struggle with rising rents and changing customer demographics.
Are there any positive effects of gentrification?
Yes, it can lead to improved infrastructure, more investment in public services, and a revitalized local economy.
What can be done to mitigate negative impacts?
Policies like rent control, affordable housing initiatives, and community land trusts can help protect vulnerable residents.
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