Positive and Negative Sides of Gentrification in London
The London Borough of Hackney is an exemplary showcase of the gentrification that has affected various areas of London. The term gentrification originated in Great Britain, as early as 1963. Gentrification has frequently been referred to as “the rehabilitation of working-class and derelict housing and the consequent transformation of an area into a middle class neighborhood”. Rowland Atkinson states that gentrification-induced displacement often occurs when pressures on the housing market from wealthy groups create inflated rents and prices which can push out the low paid or unpaid overtime. This portrays the common notion that such potential costs in attempts to socially upgrade an area greatly affect lower income classes that live in those areas.
Gentrification is present throughout various neighborhoods in London and can be thought of as a detrimental or positive force that exists in boroughs such as Hackney by attempting to improve the overall quality of urban life or conversely driving out those less fortunate economically. The positive and negative benefits vary for each borough throughout London, however in Hackney’s case the general consensus is that in both the past and present it has had a more profound negative impact on the area’s citizens. However, this is commonly disputed as it depends on which socioeconomic group one chooses to sympathize with. In terms of the vast majority of the “indigenous population of an urban neighborhood that is in the process of being gentrified, the effects are often disastrous, but from the point of view of the resettling population, the gentrifiers, there are distinct social and monetary benefits to be seen”.
When looking at Hackney itself it proves to be much more difficult, as even though there is a rising tax base as well as increased commercial and tourist activity, much of the increased flow of revenue into the borough is dragged down by the cost of services necessary to withstand the displaced who are brought together. The indigenous population is often “displaced when housing units are purchased and either returned to single-family use or renovated and leased for more than the original inhabitants can afford”.
This leaves the lower income classes homeless as they are unable to afford housing. Numerous residents that have resided in the Hackney district are have been poorly affected by the rising price of rent. Their homes are not being treated as feasible living spaces, they are solely being treated as investment opportunities for affluent highrise developers, buy-in investors and foreign investment organizations. For poverty stricken individuals that live in Hackney it makes sense why they often feel as if the government does not care; it seems as if the city council in particular does not take housing as a first concern. These factors promote the concept that gentrification in most cases is not as much of a social problem as an economic problem.
Over the decades, Toronto has been celebrated for its multicultural roots and cultural landscapes. With a variety of distinctive enclaves at every corner, they connect people to their cultures and invite a wide variety of diversity. With the growth of new development and the priority to increase purchasing power, gentrification imposes a controversial issue for many. Gentrification is a process involving modifying or changing a neighbourhood to conform to a higher class taste. Chinatown, a vibrant ethnic enclave located at...
Alters, Sandra M., et al. ‘The Law, the Courts, and the Homeless.’ Homeless in America: How Could It Happen Here?, Detroit, Gale, 2006, pp. 63-71. This source talks about how gentrification forces out low-income families and changes ‘skid rows’ or single-room occupancy hotels to make them more modern to appeal to the middle and upper-class people which forces out lower class people into homelessness. It also discusses the harsh living conditions of the homeless and the laws that the government...
Change to cities, neighborhoods, and communities is inevitable—however, with the latest tide of change, many communities are experiencing gentrification. Gentrification occurs when “communities experience an influx of capital and concomitant goods and services in locales where those resources were previously non-existent or denied.” Usually, gentrification occurs when more affluent people move to or become interested in historically less affluent neighborhoods. Gentrification is a phenomenon subject to much debate—some believe that its effects are purely positive, while others argue that gentrification...
Artists are inherently part of the cycle of gentrification due to the rise of the creative environment. With this comes an influx of infrastructure, exploitation of local accommodations and the continuous appearance of a wealthier class. Artists add vibrancy to a formerly drab and seemingly unwelcoming place of residence, inciting interest from business venturers and other artists seeking out freedom and lower prices. Artists have been a given a stereotype of being more forward thinking than the average population in...
Generations of all kinds have arrived to this nation with dreams of living a life of success. Gentrification removes lower class citizens, and in turn increases the cost of living and leads to major demographical changes. Gentrification certainly has some advantages, but overall it has led to the increase of the homeless population, culture loss, increased group based tensions, increase/change in availability of goods, and other social issues. Today, gentrification may be impossible to prevent, since capitalism is a constant...
Gentrification is the complex social process by which large amounts of money and investment, pour quickly into lower income communities. Thus, leading to the displacement of many longstanding residents and local independent businesses. The effects of this process can be observed across almost every major city in The United States a prime example being, New York City. When New York comes to context, “the capital of the world” comes to mind, New York however is not what it used to...
What is the modern housing crisis? The housing crisis refers to the high rents and unaffordable housing Americans face, and how not only homes, but rentals, are becoming increasingly unaffordable. Americans being unable to afford shelter has led to both a decrease in homeownership and a rising increase in the homeless population. Simply, the problems we see within the housing crisis are people who can’t afford housing going without homes and gentrification, where the character of a neighborhood is altered...
Gentrification, also known as Chelseafication, is defined as the upgrading of older properties to higher-income housing and where dwellings are modernised which causes it to have a higher value. Gentrification has both positive and negative impacts on the current and future inhabitants of a suburbs. This ranges from social to economic impact. Positive impact of gentrification Economically, as wealthier people move into a previously poor neighborhood, the median area income increases. This increases cash flows for local businesses and makes...
Gentrification on numerous occasions had been attempted to be explained through Neil Smith’s production and consumption side theories. Smith is a Scottish geographer and activist intellectual “whose prolific, passionate and politically engaged writings played a significant role in shaping the present day landscape of urban studies, human geography, and indeed the entire spectrum of the social sciences”. Smith is most well-known for his contributions to the study of cities and the process of gentrification; because of Smith’s critical and detailed...
01 / 09
Fair Use Policy
EduBirdie considers academic integrity to be the essential part of the learning process and does not support any violation of the academic standards. Should you have any questions regarding our Fair Use Policy or become aware of any violations, please do not hesitate to contact us via email@example.com.
We are here 24/7 to write your paper in as fast as 3 hours.