Is Gentrification the Answer for Struggling Real Estate Markets, or Is It the Problem?

·5 min read

Gentrification has become a controversial topic in our country, with its impacts on areas and their residents being heavily debated. Billions of dollars in development money, municipal grants, and national and local tax incentives have enabled some of the most distressed and poor neighborhoods across the country to be redeveloped. Neighborhoods in cities like New York, Washington, D.C., Denver, New Orleans, Seattle, and Portland, Oregon, have undergone complete transformations over the past few decades.

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