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Suburban Gentrification Model

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Gentrification in New York: Avoiding the Boom and Bust Cycle
“Gentrification” is rooted in the concept of the “landed gentry” of England, who represented the upper classes of an earlier age. While the “gentry” of England are associated with life in previous centuries, the term gentrification is itself merely a few decades old, coined in the
1960s to describe the changes happening in London neighborhoods at the time (Kennedy and
Leonard, 2001). The process of gentrification is described in different contexts to mean different things, but the overarching meaning of the term refers to the influx of wealthier residents into neighborhoods formerly occupied by people of lower socioeconomic status. A 2001 report from the Brookings Institute, entitled …show more content…

Gentrification is a slow process, though one that tends to accelerate as it heats up, and it follows a familiar pattern. The changes in New York City since the 1990s are textbook examples of gentrification. New York had seen hard economic times in the 1970s and 1980s, and many neighborhoods fell into disrepair as the city largely abandoned them to crime and poverty. Over time, artists, writers, musicians, and students in search of cheap rents moved into available (and sometimes even abandoned) properties (Hae, 2011). These newer residents opened cafes, boutiques, and music venues that in turn attracted more young people to the area (Zukin et al. …show more content…

Formerly dilapidated homes and buildings are rehabilitated, the city’s tax base is shored up, and jobs and urban development return to follow the trail of money from the new, affluent residents. From another perspective, however, gentrification is an existential threat. If the only effect of gentrification was seeing empty buildings restored to their former glory, there would likely be few complaints about it. For many residents in Manhattan and other neighborhoods gentrification has upended their lives, forcing them to move away from their neighborhoods as rents in and other costs of living soared (Kaysen). The Harlem neighborhood is a case study in gentrification; in the 1970s and 1980s violence and crime were rampant, and the city devoted few resources to policing the area or protecting the residents (Kaysen). In the past decade new condominiums and apartments have been built and new shops have opened, but with those changes have also come climbing rents. An apartment that once rented for $1400 a month a few years ago now commands $3500 and has a six-month waiting list (Kaysen). Residents who grew up in the area find themselves priced out of their own

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