THE GENTRIFICATION
And you will ask a yourselfs, what is this?
For to start, gentrification is a process of physical, economic, social and cultural transformation of a formerly degraded or low-class neighborhood which ends up being middle-high class.The buildings are restored or modified, increasing their value, which, over time, expels their former inhabitants, I meant, the poorer with precarious jobs.
For some, gentrification runs through the centers of cities in a process that turns degraded areas or aging into fashionable places with the arrival of new shops, businesses and inhabitants.
In contrast, for others, tourism fills the urban centers of franchises and services designed only for those who spend just a few days in the city.
For experts, the two processes overlap with the same negative effects: The creative destruction of cities.
For me to comment on this topic, it is subjective why, depending on which side you place at the end, define your interests. Even so, I think it is best to favor both, both tourists and residents of the neighborhood.
But the issue is: How can we benefit both sides?
Well, seeing that it is a problem with the price of housing, I think it is best to have a regulation implemented in this regard. Like create a public houses park that keeps prices at bay.
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