Urban Renewal intends to create better housing opportunities for a community and attempts to promote economic and social growth within the municipality. One goal of urban renewal may be to diversify the area whether that be racially or economically as discussed in our text, Contemporary Urban Planning. However, to get a new demographic to move in, drastic changes must be made. Gentrification refers to the moving in of wealthier folks to a traditionally lower income area.
As discussed in the text, in order to get more white identifiers into a neighborhood, the community needs to renovate buildings and create nicer spaces, however it will have a negative affect on the minority population living in the area. For instance, with more higher income individuals moving in, the prices in the area start to rise, this makes the area unaffordable for those with less income. This also results in culture being lost in the community. Those with higher incomes are use to living in different communities and as a result have different expectations for community standards. This can be a positive because typically more health care providers become available and sanitation is taken more seriously, but this also causes the community to loose its identity. In some cases, cultural festivals are often canceled because new inhabitants don’t want the nuisance.
With rising prices and loss of culture, minorities begin to feel marginalized in their own community. Often gentrification causes lower income individuals to move out and find new homes even if they have had family located there for years. Sometimes, it is impossible to find different housing and as a result those who were currently living in low income housing fall even farther down the poverty line because of the rising prices and as a result experience more difficulties than before.