The nation’s foremost academic on urban gentrification gave a talk at GVSU yesterday. Lance Freeman literally wrote the book most urban planners reference regarding gentrification.
“Gentrification is typically defined as when a neighborhood that has experienced divestment, property decline, depopulation, experiences an influx of more affluent residents and investment.”
Sounds great, right? Except when the net outcome is that original residents can’t afford to live in their own neighborhoods. But even if they can: