Gentrification is the process of a neighbourhood transitioning from poor to affluent, not through the residents striking it lucky with the world´s littlest gold mine and sharing the wealth in some anarcho capitalist collective , but through the arrival of new richer people. Gentrification doesn´t always mean the poor are replaced by the rich, but often it kind of does.

This episode of the Bizarre Summary explains a little bit of Gentrification, but the subject itself is hotly debated by sociologists, economists, and nobheads with youtube channels.

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