the concept of gentrification
Over the years, the concept of gentrification has brought a lot of attention in the united states. Just like any discussion on gratification, there are a lot of opinions and interests that can be associated with this concept (Bates, 2018). With regard, gentrification can be related to a process in which different urban neighborhood constitutes individuals of the low-income level. According to studies made in the past, it is clear that gentrification forms a powerful construct through which economic changes are reflected in several ways. In other words, it incorporates various aspects of an economic, social, and cultural phenomenon. In any case, it helps to create a primary platform through which the value of properties is increased. Also, different areas that suffered disinvestment can benefit from this aspect. The paper herein is a proposal that looks at the impacts of gentrification in Baltimore.
Baltimore is one of the prevalent places in the united states, where gentrification is seemingly being embraced. The area is made up of different and highly distinctive neighborhoods. Interestingly, this segmentation brings out the diverse nature of people belonging to different families and cultures. Due to Baltimore’s size, it means that different regions are more susceptible to gentrification than others. The central triggering concept concerns how the federal government has devised ways of integrating financial systems and housing facilities. All these are made possible through the different globalization projects being carried out.
As the cost of living continues to rise, and the population growth continues to increase, there is a remarkable demand for affordable housing. There are so many reasons as to why gentrification is necessary for Baltimore. The population of the are dictates a more comprehensive market value (Bates, 2018). Through this process, wealthier and well-established individuals instantiate various activities that help to replace the poor and the less privileged. In essence, Baltimore is one of the cities that is eligible for a significant rate of gentrification. In this effect, various investments, such as those given by the federal government, promote equality, and provide basic amenities for housing (Rich, 2019). These strategies are also responsible for raising the standard of living among the people of Baltimore. The most convenient places within the city where gentrification can occur conveniently are inclusive of the coastal lines.
As mentioned above, gentrification is a fundamental but classy way to improve individuals’ standards of living. The strategies invoked at any stage concerning increasing the income capacity are well utilized in the process (Rich, 2019). It gives gentrification essential characteristics that promote economic change in Baltimore. In this case, the essence is triggered by the increased prolonged rate of disinvestments and cultural displacement. There is a significant role that gentrification follows. At the moment, these areas in Baltimore are suffering from a tremendous increase in rent and expenditure. Besides, if not taken into considerations, engagement in gentrification can cause a lot of harm rather than good. With the rising costs, there is a related decrease in the value of housing supply and a reduction in segregation.
Nevertheless, there are a couple of challenges that are experienced with gentrification. There is a tremendous reduction in investment done on a company or an individual basis. A lot of people in Baltimore are affected by gentrification when they are affected by socio-economic transitions. Another major challenge, as seen in various incidents, is the controversial theory of how nit affects them. It means that people are only affected at their neighborhood level (Niedt, 2017). It means that the cultural underpinnings through which people in Baltimore are facing promote this concept. Either way, there are various instances through which the blacks are violated and displaced based on gentrification. A lot of cases have been illuminated, which have brought a lot of destruction in the neighborhood. As the area starts to change, various things become expensive. The cost of living begins to increase, which consequently forces people to be displaced. Gentrification thus forms a standard through which the blacks are excluded from major functions of the society. A lot of discomfort arises from this idea. Racial displacement is seemingly the epitome of gentrification in Baltimore (Niedt, 2017). Based on a variety of reasons, it is ironic that people’s rights are not being upheld through the evacuation process.
In conclusion, Baltimore forms a more profound location through which gentrification takes place. Over the years, blacks have fallen victim to different this aspect, which has caused a lot of discrimination, leading to displacement. The ideal nature of gentrification favors the wealthier, regardless of the notion that it is trying to improve the standards of living and make it affordable. Gentrification in Baltimore is increasing as days go by. Several activities relating to this concept are being utilized every day at a very alarming rate. It is to say that people will continue to suffer from large displacement and segregation if, at all, nothing is done to mitigate this stance.