Regional Development Planning and Management
Vol. 34 No. 08 (2019): Proceedings of the Faculty of Technical Sciences
GENTRIFICATION AS THE PHENOMENON OF SOCIO-ECONOMIC AND SPATIAL TRANSFORMATION
- Anđela Vranić
- Dejana Nedučin
Abstract
Gentrification (urban gentrification) is a process in which the physically degraded housing stock or entire neighborhoods, the most frequent settlements with the population of the lower socio-economic layer, are converted into residential areas for prosperous middle class members who move in place of the original population that can not afford it because of increase of charges and cost of living. Gentrification is the formation of residential settlements intended for volunteers, but partly avoids precise definition. It is promoted as a way to supplement identity by choosing a lifestyle, criticized as an instrument of a neoliberal urban policy aimed at class segregation. gentrification is analyzed as a sociological phenomenon and as a phenomenon of urbanism.
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