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Word for Oct. 17, 2007

October 16, 2007 · Leave a Comment

Gentrification ~ (jěn’trə-fĭ-kā’shən) - Noun

** The restoration and upgrading of deteriorated urban property by middle-class or affluent people, often resulting in displacement of lower-income people.

** The buying and renovation of houses and stores in deteriorated urban neighborhoods by upper- or middle-income families or individuals, thus improving property values but often displacing low-income families and small businesses.

** An instance of gentrifying; the condition of being gentrified.

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