What is regentrification?

Gentrification refers to the phenomenon where affluent individuals or families move into working-class or deteriorated urban neighborhoods, often displacing long-time residents. The result is that these neighborhoods become more expensive and upscale, featuring trendy restaurants, artisan shops, and fashionable boutiques.

Regentrification is a process through which a formerly gentrified community undergoes another transformation, as it becomes appealing to even more affluent newcomers. It can actually drive displacement and displace the residents that were brought in by the earlier phase of gentrification. This process has been observed in many cities around the world, with areas that were once seen as poor and rundown being transformed into chic and trendy neighborhoods with soaring rents.

Regentrification can have both positive and negative effects. On the one hand, it can bring new investment, job opportunities, and amenities to the community. On the other hand, it can lead to the displacement of low-income residents who are unable to afford the rising cost of living in the area, resulting in gentrification becoming a very real problem for the most vulnerable.