'''Gentrification''' is the [[process]] of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents.
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'''Gentrification''' is the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents.
==Gentrification vs. Urban Renewal==
==Gentrification vs. Urban Renewal==
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* Gentrification can diminish unique characteristics of a city.
* Gentrification can diminish unique characteristics of a city.
* Gentrification forces out some types of businesses that are favored by economically disadvantaged people.
* Gentrification forces out some types of businesses that are favored by economically disadvantaged people.
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* Gentrification either encourages or discourages formula [[retail]] establishments (depending on the particular analysis).
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* Gentrification either encourages or discourages formula retail establishments (depending on the particular analysis).
* Gentrification either encourages or discourages independent or unique retail establishments (depending on the particular analysis).
* Gentrification either encourages or discourages independent or unique retail establishments (depending on the particular analysis).
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* Gentrification has a tendency of improving retail [[infrastructure]].
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* Gentrification has a tendency of improving retail infrastructure.