gent
ri
fi
ca
tion
noun
1
the process of renovating a neighborhood, typically resulting in the displacement of lower-income residents due to rising rent prices
C2
- Gentrification brought new cafes and shops to our neighborhood.
- The old houses were renovated as part of the gentrification process.
- Gentrification often leads to higher rents and property taxes.
- The once rundown area has undergone gentrification and is now vibrant.
- The local community is divided over the effects of gentrification.