How Gentrification Affects the Society in Places Like NYC

Gentrification refers to the rapid transformation of an area from low value to high value, a common phenomenon in cities globally (Krähmer & Santangelo, 2018). The process brings along complex social issues that are beneficial or disadvantageous. It entails the invasion and development of an affordable area for the middle class or the rich. Factors such as the preference of the areas for social amenities, traffic congestion, and job growth, among others, contribute to gentrification (Eckerd et al., 2019). The development occurs at the expense of the poor, and the concept remains controversial for this reason and its implications. The involved societies experience the effects in various ways, as in New York.
Firstly, gentrification results in an improvement in housing which benefits the society significantly (Choi et al., 2018). Housing management is a challenge for most urban authorities, and gentrification comes in to solve the problem. The investors come into the low-value areas, renovate and build new houses of higher value. Otherwise, the low-quality housing is prone to degradation and transformation into slums. This would be a burden in the future in an attempt to reclaim the slums and deal with the problems they cause in society. Gentrification saves the situation by establishing the stability of the housing aspect and other infrastructure.
In addition, gentrification promotes the increase of property value in the developing area, and owners get considerably high income (Zapatka & Beck, 2021). One of the reasons is that investors rehabilitate properties and upgrade the area to a higher value. Therefore, more businesses get opportunities to invest in the area profitably, and the state generates increased revenue. In general, gentrification promotes an area’s economic development for the benefit of society.
Moreover, gentrification results in an increased social mix and reduced crime rates (Tehrani et al., 2019). The transformation brings together people of mixed incomes in a joint neighborhood. Therefore, this decreases the exposure to poverty generally for the derived society. Similarly, leaving standards in such areas may force local criminals to relocate or give the area a better security setup. This progress benefits the high-class invaders in the area and the local society.
However, gentrification also affects the society negatively. These have been evident in New York, especially in the low-income black and Latino populations in the past years. Firstly, gentrification results in displacement to create room for those moving into the neighborhood by predisposing the society members (Johnson et al., 2022). 66Rise in property value results in a rise in the cost of housing and general living in a gentrifying area, and the low-income residents have relocated. The agony aggravated because the area was initially favorable for low-income societies.
Consequently, gentrification promotes poverty (Vazquez & McAfee, 2021). By imposing relocation, gentrification disrupts the entire livelihoods of the low-income society members. The standards in gentrifying areas become generally expensive for the single social strata, and they have no option but to live in poverty in the same areas where they relocate. The destinations of these populations are unplanned setups that lack basic social amenities, which promotes the ill effects.
In addition, gentrification is a clear indication of discrimination and inequality (Sutton, 2020). The concept ideally promotes the interest of middle and high-income societies. The basis of the concept may be goodwill and beneficial. However, the implication is discrimination against the poor in New York, especially the low-income black and Latino populations. This is a setback to the growth of any society and progress from racial discrimination.
In conclusion, gentrification remains controversial regardless of the conversation approach. The transformation may be ideal only if the approach is ethical and acceptable for all parties involved. Therefore, governments can only devise solutions to establish a balance between the consequences of the concept.

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References
Choi, M., Van Zandt, S., & Matarrita-Cascante, D. (2018). Can community land trust slow gentrification? Journal of Urban Affairs, 40(3), 394-411.
Eckerd, A., Kim, Y., & Campbell, H. (2019). Gentrification and displacement: Modeling a complex urban process. Housing Policy Debate, 29(2), 273-295.
Johnson, G. D., Checker, M., Larson, S., & Kodali, H. (2022). A small area index of gentrification was applied to New York City. International Journal of Geographical Information Science, 36(1), 137-157.
Krähmer, K., & Santangelo, M. (2018). Gentrification without gentrifiers? Tourism and real estate investment in Lisbon. Sociabilidades Urbanas–Revista de Antropologia e Sociologia, 2(6), 151-165.
Sutton, S. (2020). Gentrification and the increasing significance of racial transition in New York City 1970–2010. Urban Affairs Review, 56(1), 65-95.
Tehrani, S. O., Wu, S. J., & Roberts, J. D. (2019). The colour of health: residential segregation, light rail transit developments, and gentrification in the United States. International Journal of Environmental Research and Public Health, 16(19), 3683.
Vazquez, V., & McAfee, A. (2021). Surviving “Los Sures”: An anthropological reflection on the Nuyoricans lived experiences in South Williamsburg, Brooklyn and the current urban context of gentrification in New York City. DECUMANUS. REVISTA INTERDISCIPLINARIA SOBRE ESTUDIOS URBANOS, 7(7).
Zapatka, K., & Beck, B. (2021). Does demand lead to supply? Gentrifiers and developers in the gentrification sequence, New York City 2009–2016. Urban Studies, 58(11), 2348-2368.

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