What are the negative effects of gentrification?

What are the negative effects of gentrification?

Gentrification can lead to displacement of long-time residents, loss of affordable housing, and cultural erosion.

Can you explain how it affects local businesses?

Certainly! Gentrification often raises rents, which can force out small, local businesses that can't afford the increases.

What about the impact on community identity?

Gentrification can dilute community identity as new, often wealthier residents may not share the same cultural ties or values.

Are there any positive effects to gentrification?

While there are some potential benefits like improved infrastructure, they often come at the cost of displacing existing communities.

What can be done to mitigate the negative effects?

Policies like rent control, community land trusts, and inclusive zoning can help protect vulnerable communities from displacement.