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Investments glossary

Gentrification


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Quotes of the day:

Stay away from needle drugs. Richard Nixon is the only dope worth shooting.

— Abbie Hoffman

Gentrification is defined as the transformation of a city neighborhood from low value to high value. Gentrification is also viewed as a process of urban development in which a neighborhood or portion of a city develops rapidly during a short period. This process is often marked by inflated home prices and displacement of the neighborhood’s previous residents.


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