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Gentrification is the process of changing the character of a neighborhood through the influx of more affluent residents and investment. There is no agreed-upon definition of gentrification. In public discourse, it has been used to describe a wide array of phenomena, usually in a pejorative connotation.
Economic geography is the subfield of human geography that studies economic activity and factors affecting it. It can also be considered a subfield or method in economics. There are four branches of economic geography.
Urban geography is the subdiscipline of geography that derives from a study of cities and urban processes. Urban geographers and urbanists examine various aspects of urban life and the built environment. Scholars, activists, and the public have participated in, studied, and critiqued flows of economic and natural resources, human and non-human bodies, patterns of development and infrastructure, political and institutional activities, governance, decay and renewal, and notions of socio-spatial inclusions, exclusions, and everyday life. Urban geography includes different other fields in geography such as the physical, social, and economic aspects of urban geography. The physical geography of urban environments is essential to understand why a town is placed in a specific area, and how the conditions in the environment play an important role with regards to whether or not the city successfully develops. Social geography examines societal and cultural values, diversity, and other conditions that relate to people in the cities. Economic geography is important to examine the economic and job flow within the urban population. These various aspects involved in studying urban geography are necessary to better understand the layout and planning involved in the development of urban environments worldwide.
In the United States, rent control refers to laws or ordinances that set price controls on the rent of residential housing to function as a price ceiling. More loosely, "rent control" describes several types of price control:
The concentric zone model, also known as the Burgess model or the CCD model, is one of the earliest theoretical models to explain urban social structures. It was created by sociologist Ernest Burgess in 1925.
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business and structural changes affecting the industry. Both draw on partial equilibrium analysis, urban economics, spatial economics, basic and extensive research, surveys, and finance.
Subsidized housing is government sponsored economic assistance aimed towards alleviating housing costs and expenses for impoverished people with low to moderate incomes. In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent supplements/vouchers, and some forms of co-operative and private sector housing. According to some sources, increasing access to housing may contribute to lower poverty rates.
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In urban planning, infill, or in-fill, is the rededication of land in an urban environment, usually open-space, to new construction. Infill also applies, within an urban polity, to construction on any undeveloped land that is not on the urban margin. The slightly broader term "land recycling" is sometimes used instead. Infill has been promoted as an economical use of existing infrastructure and a remedy for urban sprawl. Detractors view increased urban density as overloading urban services, including increased traffic congestion and pollution, and decreasing urban green-space. Many also dislike it for social and historical reasons, partly due to its unproven effects and its similarity with gentrification.
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In the United States, housing segregation is the practice of denying African Americans and other minority groups equal access to housing through the process of misinformation, denial of realty and financing services, and racial steering. Housing policy in the United States has influenced housing segregation trends throughout history. Key legislation include the National Housing Act of 1934, the G.I. Bill, and the Fair Housing Act. Factors such as socioeconomic status, spatial assimilation, and immigration contribute to perpetuating housing segregation. The effects of housing segregation include relocation, unequal living standards, and poverty. However, there have been initiatives to combat housing segregation, such as the Section 8 housing program.
In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households. Public housing is priced much below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents. In most federally-funded rental assistance programs, the tenants' monthly rent is set at 30% of their household income. Now increasingly provided in a variety of settings and formats, originally public housing in the U.S. consisted primarily of one or more concentrated blocks of low-rise and/or high-rise apartment buildings. These complexes are operated by state and local housing authorities which are authorized and funded by the United States Department of Housing and Urban Development (HUD). In 2020, there were one million public housing units. In 2022, about 5.2 million American households received some form of federal rental assistance.
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The gentrification of San Francisco has been an ongoing source of tension between renters and working people who live in the city as well as real estate interests. A result of this conflict has been an emerging antagonism between longtime working-class residents of the city and the influx of new tech workers. A major increase of gentrification in San Francisco has been attributed to the Dot-Com Boom in the 1990s, creating a strong demand for skilled tech workers from local startups and close by Silicon Valley businesses leading to rising standards of living. As a result, a large influx of new workers in the internet and technology sector began to contribute to the gentrification of historically poor immigrant neighborhoods such as the Mission District. During this time San Francisco began a transformation eventually culminating in it becoming the most expensive city to live in the United States.
Gentrification, the process of altering the demographic and socioeconomic composition of a neighborhood usually by decreasing the percentage of low-income minority residents and increasing the percentage higher-income residents, has been an issue between the residents of minority neighborhoods in Chicago who believe the influx of new residents destabilizes their communities, and the gentrifiers who see it as a process that economically improves a neighborhood. Researchers have debated the significance of its effects on the neighborhoods and whether or not it leads to the displacement of residents.
Gentrification in the United States is commonly associated with an influx of higher-income movers into historically divested neighborhoods with existing, working-class residents, often resulting in increases in property prices and investment into new developments. Displacement and gentrification are also linked, with consequences of gentrification including displacement of pre-existing residents and cultural erasure of the historic community. In the United States, discussions surrounding gentrification require critical analysis of race and other demographic data in examining the inequalities and disparities between existing residents, the community, new buyers, and developers caused by gentrification.
References
- ↑ "Neil Smith obituary". the Guardian. 2012-10-23. Retrieved 2022-11-18.
- ↑ Krijnen, Marieke (2018-08-09). "Beirut and the creation of the rent gap". Urban Geography. 39 (7): 1041–1059. doi:10.1080/02723638.2018.1433925. ISSN 0272-3638.
- ↑ Picascia, Stefano; Yorke-Smith, Neil (2017). "Towards an Agent-Based Simulation of Housing in Urban Beirut". In Namazi-Rad, Mohammad-Reza; Padgham, Lin; Perez, Pascal; Nagel, Kai; Bazzan, Ana (eds.). Agent Based Modelling of Urban Systems. Lecture Notes in Computer Science. Vol. 10051. Springer International Publishing. pp. 3–20. doi:10.1007/978-3-319-51957-9_1. ISBN 9783319519579.