0 the process by which a place, especially part of a city, changes from being a poor area to a richer one, where people from a higher social class live:
1 the process by which a poor neighborhood in a city is changed by people who have money, including esp. the improvement or replacement of buildings
2 the process by which an area is changed by people who have more money moving to live there and making improvements to the buildings:
Also, we want to avoid what has become known as "gentrification" of property rather than improved property remaining in the hands of its traditional residents—those who need it.
There is a move to gentrification.
Was not the cause of the gentrification of inner cities and the decline of rented housing the fact that the amount of housing to buy went up?
All that has happened up till now has been (to use a horrid word) the "gentrification" of certain parts of it where people—let us face it!
Gentrification has its good effects.
A characteristic example is a combined community effort to win historic district designation for the neighborhood, a phenomenon that is often linked to gentrification activity.
The consumption theory contends that it is the demographics and consumption patterns of this new middle class that is responsible for gentrification.
However, the better part of the gentrification process has happened without much government aid.