Gentrification

The perception of gentrification in Chicago mirrors would-be progressive groups’ social imaginations and the heterogeneity of their goals. Gentrification is the reconstitution of a neighborhood which occurs when lower-income areas with lower land value are re-developed with higher-value housing into a decidedly wealthier neighborhood. During this process the class-composition and character of the neighborhood is changed; those already living in the neighborhood cannot sustain the rise in property taxes and must move elsewhere. [Read More]