Выпраўленні

Often initiates by political authorities, gentrification is a process which consists of increasing the average value of properties in a neighbourhood or a given area in order to boost businesses and commercial activities.

This process mainly benefits the wealthy classes, the land owners and the company directors.

It also contributes to the advent of positive phenomena such as economic impetus and employment growth.

However, the rise of the average value of properties could embroil the exodus of the working classes which would be bound to leave because of the rent swelling.

Hence, this phenomenon could enhance segregation and inequality.

By moving away from a flourishing economic area the working classes should be geographically disadvantage.

Moreover, gentrification is a process which is controversial and problematic to set up due to the resistance of the local residents who frequently refuses to desert their neighbourhood and abandon their local culture.