GENTRIFICATION

gentrification

(noun) the restoration of run-down urban areas by the middle class (resulting in the displacement of low-income residents)

Source: WordNet® 3.1

Etymology

Noun

gentrification (countable and uncountable, plural gentrifications)

(urban studies) The renewal and rebuilding that accompanies the influx of middle class or affluent people into deteriorating areas and often displaces earlier, usually poorer, residents; any example of such a process.

Source: Wiktionary

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